This Economic Letter summarizes the papers presented at the conference “Technological Change,” held at the Federal Reserve Bank of San Francisco on November 14-15, 2002, under the joint sponsorship of ...
Distance is a fundamental impediment to virtually all economic transactions. Naturally, higher freight costs make trading goods more expensive, and higher migration costs prevent people from moving to ...
WHO IS BETTER at the technology of the future: America or China? Speculation is at fever pitch. The world’s most famous artificial-intelligence company, OpenAI, is American. Models produced by ...