Now showing items 1-2 of 2

    • Automation, labor markets, and trade 

      Micco Aguayo, Alejandro (Universidad de Chile. Facultad de Economía y Negocios, 2019)
      Digital technologies, robotics, and artificial intelligence substitute tasks performed by labor are bringing back old fears about the impact of technology on labor markets and international trade. The aim of this paper ...
    • Missing aggregate dynamics: on the slow convergence of lumpy adjustment models 

      Berger, David; Caballero, Ricardo; Engel Goetz, Eduardo (Universidad de Chile, Facultad de Economía y Negocios, 2015-11)
      When microeconomic adjustment is lumpy, the VAR-estimated persistence of the corresponding aggregated variable is downward biased. The extent of this bias decreases with the level of aggregation, yet convergence is very ...