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Michael Koch

Michael Koch is an Associate Professor at Aarhus University and member of the CEFAU economic research and analysis center located at the Department of Economics. He is also Fellow at the Kiel Institute for the World Economy. Michael Koch is doing theoretical and empirical research in international economics and labor economics. In particular, he investigates the impact of globalization and/or automation on individual workers, firm performance and firm's internal organization, and aggregate implications, e.g., welfare and economy wide inequality.
Labor

AI Is Not Reducing Employment but Rather Who Gets Hired

Magnus Lodefalk
In a new working paper, Magnus Lodefalk, Lydia Löthman, Michael Koch, and Erik Engberg examine how generative AI is reshaping the labor market. They find little evidence that AI has cut the total number of jobs, but show that it has slowed hiring for the youngest workers, especially in the AI-exposed occupations where young women are concentrated. Over time, AI’s effect on entry-level roles risks thinning the next generation’s ability to build the skills and networks that careers are made of. 

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The publication of the Stigler Center at The University of Chicago Booth School of Business

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