Deep learning predicts employment changes and industry health.
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Generative AI predicts economic activity from corporate transcripts.
Study compares employers with and without anticipating strategic labor force responses.
The paper predicts U.S. nonfarm employment using machine learning.
Study examines the impact of employment benefit costs on firm profitability.
Paper proposes a dual-level approach for multi-step forecasting of dynamical systems.
We have modeled the employment/population ratio in the largest developed countries. Our results show that the evolution of the employment rate since 1970 can be predicted with a high accuracy by a linear dependence on the logarithm of real GDP per capita. All empirical relationships estimated in this study need a struc…
Our study shows that many firms would accumulate at zero output level (namely, Bankruptcy status) if a perfectly competitive market reaches full employment (namely, those people who should obtain employment have obtained employment). As a result, appearance of economic crisis is determined by two points; that is, (a). …
When recruiting job candidates, employers rarely observe their underlying skill level directly. Instead, they must administer a series of interviews and/or collate other noisy signals in order to estimate the worker's skill. Traditional economics papers address screening models where employers access worker skill via a…
Study finds macroeconomic indicators predict health workforce and infrastructure measures.
A framework predicts employment status for students considering unconscious biases.
How technology affects growth or employment has long been debated. With a hiatus, the debate revived once again in the form of how Information and Communications Technology, as a form of new technology, exerts on productivity and employment. Information and Communications Technology perceived as General Purpose Technol…
This article presents a new model for demographic simulation which can be used to forecast and estimate the number of people in pension funds (contributors and retirees) as well as workers in a public institution. Furthermore, the model introduces opportunities to quantify the financial ows coming from future populatio…
We provide an explicit aggregation in the neoclassical growth model with aggregate shocks and uninsurable employment risk. We show there are two restrictions on the unemployment shock for approximate aggregation to occur. First the probability of unemployment must be positive for each agent in each time period. That en…
Model shows partial compliance can lead to less fair outcomes than expected.
Using the formalism of Lyapunov potential function it is shown that the stability principles for biomass in the ecosystem and for employment in economics are mathematically similar. The ecosystem is found to have a stable and an unstable stationary state with high (forest) and low (grasslands) biomass, respectively. In…
ChatGPT scores corporate investment plans, predicting future spending and returns.
We develop tools for utilizing correspondence experiments to detect illegal discrimination by individual employers. Employers violate US employment law if their propensity to contact applicants depends on protected characteristics such as race or sex. We establish identification of higher moments of the causal effects …
We introduce a probabilistic model of labor markets for university graduates, in particular, in Japan. To make a model of the market efficiently, we take into account several hypotheses. Namely, each company fixes the (business year independent) number of opening positions for newcomers. The ability of gathering newcom…
Machine learning models outperform traditional actuarial methods in predicting health insurance costs.
The number of Italian firms in function of the number of workers is well approximated by an inverse power law up to 15 workers but shows a clear downward deflection beyond this point, both when using old pre-1999 data and when using recent (2014) data. This phenomenon could be associated with employent protection legis…
CAST predicts distribution-valued time series by stabilizing and transporting simplex-supported successors.
LHIEM model predicts health, income, and employment over years.
Interpretable neural networks improve economic research by balancing accuracy and transparency.
The analysis of dollar inflation performed by the authors through the approximation of empirical data for 1913-2012 with a power-law function with an accelerating log-periodic oscillation superimposed over it has made it possible to detect a quasi-singularity point around the 17th of December, 2012. It is demonstrated …
This paper introduces a novel framework for designing fair and sustainable unemployment benefits, grounded in cooperative game theory and real-time fiscal policy. The labor market is modeled as a coalitional game, where a random subset of participants is employed, generating stochastic economic output. To ensure fairne…
Is there a general economic pathway recapitulated by individual cities over and over? Identifying such evolution structure, if any, would inform models for the assessment, maintenance, and forecasting of urban sustainability and economic success as a quantitative baseline. This premise seems to contradict the existing …
This paper presents an analysis of the study variables such as gdp, employment levels, the level of R & D and technology that will serve as the basis for stochastic modeling of production possibilities frontier in the goodness of fractal dimensions Ex Ante and Ex Post a priori to determine the levels of causality immed…
We address the issue of the distribution of firm size. To this end we propose a model of firms in a closed, conserved economy populated with zero-intelligence agents who continuously move from one firm to another. We then analyze the size distribution and related statistics obtained from the model. Our ultimate goal is…
Whereas previous post-processing approaches for increasing the fairness of predictions of biased classifiers address only group fairness, we propose a method for increasing both individual and group fairness. Our novel framework includes an individual bias detector used to prioritize data samples in a bias mitigation a…
Observational studies are rising in importance due to the widespread accumulation of data in fields such as healthcare, education, employment and ecology. We consider the task of answering counterfactual questions such as, "Would this patient have lower blood sugar had she received a different medication?". We propose …
We analyse four consecutive cycles observed in the USA for employment and inflation. They are driven by three oil price shocks and an intended interest rate shock. Non-linear coupling between the rate equations for consumer products as prey and consumers as predators provides the required instability, but its natural d…
Proposes a fix for IRS calculation of Obamacare tax credits.
A folded type model is developed for analyzing compositional data. The proposed model involves an extension of the -transformation for compositional data and provides a new and flexible class of distributions for modeling data defined on the simplex sample space. Despite its rather seemingly complex structure, emplo…
Directly estimates CQC, improving interpretability and accuracy.
The paper offers algorithms for managing freelancers and in-house workers in online labor markets.
Predictive models are increasingly deployed for the purpose of determining access to services such as credit, insurance, and employment. Despite potential gains in productivity and efficiency, several potential problems have yet to be addressed, particularly the potential for unintentional discrimination. We present an…
We study a monetary version of the Keen model by merging two alternative extensions, namely the addition of a dynamic price level and the introduction of speculation. We recall and study old and new equilibria, together with their local stability analysis. This includes a state of recession associated with a deflationa…
Optimal reconciliation keeps some forecasts unchanged in hierarchical forecasting.
India is ranked as the third most attractive nation for retail investment among emerging markets and many MNCs have been looking for the potential benefits to be taken from it. The development of organized retail has the potential of generating employment, improvement in technology, development of real estate etc. On t…
Short-term load forecasting is a critical element of power systems energy management systems. In recent years, probabilistic load forecasting (PLF) has gained increased attention for its ability to provide uncertainty information that helps to improve the reliability and economics of system operation performances. This…
Combining forecasts of 16 ED causes improves accuracy and stability.
New method combines CATE and CQTE to estimate treatment effects across different quantiles.
Conditional forecasts improve performative prediction accuracy.
Study improves seasonal forecasts using deep learning.
For2For combines forecasts to improve time series forecasting.
Two new methods improve forecasting of functional time series data.
Research finds investors may lose from more diverse workplaces.