Prejudice is common in modern societies. Reducing that prejudice is difficult to do, particularly in a cost-effective and scalable manner. Can AI help solve this problem? My new working paper with Semra Sevi, Mitchell Bosley, and Crabtree examines this question! To do so, we

🌎 | Lima lidera las ciudades latinoamericanas donde se pierden más horas en el tráfico:

Forthcoming in the AER: "Labor Market Power, Self-Employment, and Development" by Francesco Amodio, Pamela Medina, and Monica Morlacco. aeaweb.org/articles?id=10…

📄 Se cumplen 10 años de la Reforma del Factoring, una historia de éxito construida desde el trabajo público-privado. Nuestro socio fundador, Piero Ghezzi, analiza su impacto, obstáculos superados y desafíos aún pendientes. 👇🏽 Lee su columna completa. hacerperu.pe/2025/07/15/a-1…

In #Colombia, birthplace is one of the strongest predictors of life outcomes — and inequality. A new World Bank Policy Research Working Paper shows that 49% of income inequality — as measured by the Gini coefficient — in Colombia is explained by circumstances at birth, with

Egg consumption is associated with a lower risk of Alzheimer’s dementia.

💣 Microsoft acaba de publicar un estudio donde determina los empleos más susceptibles de ser reemplazados por IA generativa (primera imagen) y los más seguros (segunda imagen) Os recomiendo que lo leáis, especialmente los jóvenes.

Interestingly, an economics paper that came out in 2023 predicting which jobs would overlap most with AI turned out to be right. A new Microsoft study of actual AI use by workers (more on that in another post) found a 90% correlation between real world overlap & the predictions.

💡 ¿Cómo se está enfrentando la informalidad laboral en América Latina y el Caribe? El nuevo Toolkit para la Formalización de la OIT reúne experiencias concretas, evidencia y recursos en un solo espacio interactivo. 🔗bit.ly/ToolkitFormali… #FORLAC2 #SolucionesInnovadoras

Sectors that are more exposed to LLMs experienced significant increases in wages and employment following ChatGPT’s release.

Menstruation sucks. It sucks so much it’s plausibly responsible for 14% of the gender wage gap. Women below 45 are much more likely to be absent around 28 days after their last absence than men are, and this leads to differences in promotion and productivity. 1/

Large field experiment in Peru on informal workers. Offering them a matching contribution raise participation and contributions in their Individual Retirement Accounts. 50% and 100 % match increases participation and a 100% increase savings. nber.org/papers/w33925 OIT Américas

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Don’t cry for millennials or Gen Z. Save your pity for those in their 50s economist.com/finance-and-ec…

This is the job market paper of the year, and the best paper on industrial policy I have ever seen. Industrial policy can affect outcomes either directly by changing an area’s fundamentals, or by coordinating simultaneous investment. How important is each? Let’s find out. 1/

Causal returns to education - new review paper w/ Psacharopoulos: Across 182 estimates from 55 countries, causal (IV) methods show that the payoff to schooling is 38% higher than traditional estimates ➡️Each additional year of education raises earnings by ~10% on average

Countries with more deaths than births in 2024

In Chile, a program to encourage high school students to become teachers via WhatsApp counseling is trying out an AI chatbot to facilitate scaling. blogs.iadb.org/educacion/en/f… Early analysis shows interesting differences in how students interact with human vs AI counselors.

In LAC, firms invest very little in innovation and technology adoption. Why? Distortions to the business climate, weak education systems, poor infrastructure, general uncertainty… and capable entrepreneurs, supported by technical talent and institutions linkedin.com/pulse/qa-willi…

This is one of the most influential papers in labor economics in the last 30 years.