Can Earnings Calls Be Used to Gauge Labor Market Tightness?
Dueholm, Mick; Kalyani, Aakash; Ozkan, Serdar (2024-06-18)
An index that uses textual analysis of earnings calls to track labor issues appears to be highly correlated to one measure of labor market tightness.
On the Economy

Does Worker Scarcity Spur Investment, Automation and Productivity? Evidence from Earnings Calls
Dueholm, Mick; Kalyani, Aakash; Ozkan, Serdar (2024-06-18)
An analysis suggests labor issues like higher wages and hiring difficulties have prompted some firms to invest in automation, leading to productivity growth.
On the Economy

AI Optimism and Uncertainty: What Can Earnings Calls Tell Us Post-ChatGPT?
Kalyani, Aakash; Ozkan, Serdar; Bass, Mickenzie; Dueholm, Mick (2024-09-30)
An analysis of earnings calls shows that America’s corporate leaders are talking much more about AI. It also reveals an increase in perceived risk in this new technology.
On the Economy

AI Hype or Reality? Shifts in Corporate Investment after ChatGPT
Kalyani, Aakash; Ozkan, Serdar; Bass, Mickenzie; Dueholm, Mick (2024-10-03)
An analysis of earnings calls shows a sharp rise in AI-related chatter among U.S. corporate executives. But this increase doesn’t appear to be matched by a similar rise in capital and R&D spending.
On the Economy