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Eduard Storm

@edthestorm.bsky.social
245 followers 328 following 91 posts

Obacht: Summer Child here. ☝ Who: Labor Economist who likes to employ ML & NLP techniques to tame Big Data. Where: PostDoc Researcher & Head of Junior Research Group @ihs.ac.at in #VividVienna sites.google.com/view/eduardstorm/h…

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Tarik Abou-Chadi @tabouchadi.bsky.social · 29/05/2026
On 10 June, I am going to give a talk at the IHS in Vienna on Party Competition and the Normalization of the Radical Right. If you are around, you can sign up with the link below. I am at the IHS for the whole week, so do reach out if you'd like to meet up. www.ihs.ac.at/news-and-eve...
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LISER - Luxembourg Institute of Socio-Economic Research @liser.lu · 27/02/2026
📢 Call for Applications | IZA@LISER Summer School in Labor Economics 2026 #IZALISER2026 📅 1–3 June 2026 in #Luxembourg 🗣️ W/ featured lecturers @alanmanning4.bsky.social & Kristiina Huttunen ⏳ Deadline: 5 March 2026 🔗 www.liser.lu/news/call-fo... #LaborEconomics #PhDSky #AcademicSky
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Malte Jacob Rattenborg @malterattenborg.bsky.social · 01/12/2025
📢 PhD Workshop in Labor and Behavioral Economics 2026 📢 The next edition will take place at CEBI, University of Copenhagen (June 8–9, 2026). Keynote speakers: Ingar Haaland (NHH) & Benjamin Schoefer (UC Berkeley). Call for Papers: sites.google.com/view/behavio... Deadline: Jan 31, 2026
sites.google.com
PhD Workshop
Next Edition: 2nd PhD Workshop in Labor and Behavioral Economics June 8/9, 2026 Center for Economic Behavior and Inequality (CEBI) University of Copenhagen Submission Deadline: January 31, 2026
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
@economist.com @spiegel.de @faznet.bsky.social @szde.bsky.social @derstandard.at @diepressecom.bsky.social
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
@ihs.ac.at @rwi.bsky.social
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
Not properly captured in our paper, but: broader lesson for GenAI era❓ 👉 gains depend not only on what AI can do (automation), but especially if workers can step into expanded task spaces that create new work (augmentation) 👉 People need to build and update skills that 🤝 with AI 12/12
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
Key takeaways: How does AI skill demand affect workers’ earnings and employment stability? • No broad earnings and employment responses • Gains mostly modest and concentrated among expert workers • Certain inequality concerns, but also job-augmenting potential 11/12
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
Results suggest: high-skilled benefit, lesser-skilled not so much ➡️ Implications for Inequality? Estimates vary sharply across earnings distribution: • Bottom deciles: -8 days, earnings −3.9% • Top decile: +5 days, earnings +2.5% 👉 Suggestive evidence: AI could widen existing inequalities 10/N
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
AI exposure expands analytic + interactive tasks, and reduces manual ones. These task expansions translate into measurable earnings gains, especially through analytic work. 👉 Early AI technologies seem to induce task shifts, consistent with reinstatement effects. 9/N
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
Clear pattern: expert workers gain modestly, others not. • Experts: +0.7% earnings (~400€), small gains in days worked in response to doubling in local AI demand • Lesser-skilled workers: small declines 👉 Job-specific expertise matters (more than formal education or other skill proxies). 8/N
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
On average, rising AI demand does not change workers’ employment stability or annual earnings. 👉 Early AI neither caused broad job loss nor generated large productivity gains. 👉 But: these zero results mask considerable skill heterogeneity... 7/N
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
Identification Strategy: OLS likely biased 👉 We use a leave-one-out instrument: national AI demand within occupations (excluding worker’s own region). This approach helps to isolate broad tech shifts from local conditions (see paper for technical details). 6/N
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
AI Exposure rises with skill levels: 👉 Experts face more AI vacancies than helpers, professionals, or specialists 👉 Similar insights by formal education and occupational task structures Sets the stage for distinct insights by skill groups (more on that later). 5/N
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
AI demand across local labor markets: occupations × regions Most local labor markets show little AI skill demand, others experienced notable increases. (e.g.: in 2017 only 9% of local labor markets displayed AI demand, by 2023 ca. 16%) 👉 Key variation: changes in AI skill demand over time. 4/N
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
Stylized Facts on AI Skill Demand (2017–23, Germany) • Modest in aggregate terms, fluctuates between 1 – 1.5% of all job postings. • Most demand on unspecified AI skills, #machinelearning, and other technologies popularized prior to the emergence of #GenAI. 3/N
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
How does AI skill demand affect individual workers? #AI can: 1. displace tasks 2. boost productivity 3. create new tasks 👉 Explore channels in context of longer-term dynamics of the early AI wave (2017-2023). Data: Online Job Postings + German worker-level admin data (@iabnews.bsky.social) 2/N
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
📢New WP - AI in Demand: How Expertise Shapes its (Early) Impact on Workers In a nutshell: • No broad impact on earnings & employment • Gains concentrated among expert workers • Inequality concerns, but also job-augmenting potential Paper: irihs.ihs.ac.at/id/eprint/73... Below a short 🧵 #EconSky
irihs.ihs.ac.at
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
#econsky ;)
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
@economist.com @spiegel.de @faznet.bsky.social @szde.bsky.social @zeit.de @derstandard.at @diepressecom.bsky.social
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
@ihs.ac.at @rwi.bsky.social
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
Key takeaways: How does AI skill demand affect workers’ earnings and employment stability? • No broad earnings and employment responses • Gains mostly modest and concentrated among expert workers • Certain inequality concerns, but also job-augmenting potential 11/12
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Eduard Storm @edthestorm.bsky.social · 24/11/2025
Identification Strategy: OLS likely biased 👉 We use a leave-one-out instrument: national AI demand within occupations (excluding worker’s own region). This approach helps to isolate broad tech shifts from local conditions (see paper for technical details). 6/N
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Eduard Storm @edthestorm.bsky.social · 12/11/2025
PS: No teaching load, lots of freedom for your own projects, and an interdisciplinary team that values both rigor and collegiality - and all of that in the heart of one of the most liveable cities worldwide.
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Eduard Storm @edthestorm.bsky.social · 12/11/2025
🏛️ Join us in vidid Vienna! 🏛️ We at @ihs.ac.at are hiring Postdocs in Econ, with a focus on #LaborEcon #EducationEcon #PublicFinance #SurveyResearch. 🕐 Apply via #EconJobMarket by Dec 2. Feel free to share this post - or just come join us yourself! 👉 Link: econjobmarket.org/positions/12...
econjobmarket.org
EJM - Econ Job Market
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Ludger Woessmann @woessmann.bsky.social · 11/11/2025
🆕Working Paper🚨 Training or Retiring? How Labor Markets Adjust to Trade and Technology Shocks📒 w/ A.Bertermann, @dauthecon.bsky.social & @suedekum.bsky.social 🤖 Robots ➡️ ⬆️training & ⬆️early retirement 🌏 Imports ➡️ ⬇️training & ⬆️early r. 🌎 Exports ➡️ ⬆️training & ⬇️e.r. www.ifo.de/DocDL/cesifo... 🧵1/9
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Eduard Storm @edthestorm.bsky.social · 30/10/2025
It was a pleasure to host Oliver Schlenker (ifo & @iabnews.bsky.social ) today @ihs.ac.at Vienna. Oliver presented "The Deadly Consequences of Labor Scarcity: Evidence from Hospitals". Setting: DE–CH border region, but w/ many lessons beyond. Very timely paper! 👉 Check it out: lnkd.in/eNyxXHNS
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Jacob Edenhofer @jacobedenhofer.bsky.social · 03/10/2025
German Reunification Day invites both gratitude and reflection. Gratitude, because the peaceful revolution of 1989 was nothing short of a miracle — a bloodless dismantling of a repressive regime. Reflection, because the wounds of the transition still mark the country —and because
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Eduard Storm @edthestorm.bsky.social · 03/10/2025
Link to paper: www.nber.org/system/files... Link to non-technical summary: openai.com/index/how-pe...
nber.org
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Eduard Storm @edthestorm.bsky.social · 03/10/2025
But: the consultant role (“how can I do this?”) tends to produce higher-quality output. Note: [educated] users in high-paying jobs lean more on the ChatGPT-as-consultant role, esp. for decision support. 👉 It’s not just if you use ChatGPT, but HOW you use it that shapes the value you get from it.
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Eduard Storm @edthestorm.bsky.social · 03/10/2025
1️⃣ ChatGPT is increasingly used for personal tasks – not just for work. 2️⃣ By July 2025, 56% of users employ ChatGPT as a “personal assistant” (e.g. “please edit this text”).
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Eduard Storm @edthestorm.bsky.social · 03/10/2025
How do people use ChatGPT? A new NBER WP by researchers from OpenAI, Harvard & Duke analyzes millions of ChatGPT conversations since its launch, showing how usage patterns have shifted across work & personal contexts. There are many interesting insights in here, but two findings stood out to me:
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Eduard Storm @edthestorm.bsky.social · 29/09/2025
War mit eine Freude ein paar Einschätzungen zum Artikel beitragen zu dürfen, insb. zum Spannungsfeld zwischen österreichischen und globalen Trends.
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Anna Goeddeke @annagoeddeke.bsky.social · 25/09/2025
Could anyone share examples of well-designed and practical LaTeX presentations that are suitable for lecture slides? I am looking for some inspiration. #TeachEcon
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Eduard Storm @edthestorm.bsky.social · 24/09/2025
Great news - congrats Patrick! 👏 👏 👏
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Eduard Storm @edthestorm.bsky.social · 13/09/2025
Please make a round of Rumpeldunk obligatory in all future NTNU events! ;)
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LISER's Labour Market department @liser-lm.bsky.social · 12/09/2025
🎬 The TASKS VII Conference #TASKSVII2025 has come to an end. 🤝 The conversations & collaborations sparked in #Luxembourg will continue well beyond today. 🙏 A heartfelt thank you to everyone who joined us — and we look forward to future editions of TASKS! 🔗 Event info: www.liser.lu/events/TASKS...
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Eduard Storm @edthestorm.bsky.social · 12/09/2025
EDIT: The sky is (still) blue, and (at times) we were too! 😉 Was a pleasure to be back in Esch. Thanks to all presenters for insightful presentations and the organizers for putting up a wonderful program ✌ See you soon!
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Eduard Storm @edthestorm.bsky.social · 10/09/2025
Hello Luxembourg! The sky is blue and, tomorrow, the regressions too! Looking forward to the TASKS conference at @liser-lm.bsky.social with vibrant discussions at day and a fun time at night 😉 Especially looking forward to reconnecting with many great friends & colleagues in the biz! 😀
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Prof Dynarski @dynarski.bsky.social · 02/08/2025
Thread of research relying on world-renowned data produced by the Bureau of Labor Statistics Please contribute So much of my own research has used BLS data Growing income inequality in who gets a college education - from NLSY79/97 www.nber.org/system/files...
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Christoph Thoenissen @thoenissenc.bsky.social · 25/07/2025
Germany’s lefties are European, if not world champions in being miserable. Here they are begrudging football fans waving flags.
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ROCKWOOL Foundation Berlin @rfberlin.bsky.social · 25/07/2025
🎙️ Listen to @dacemoglumit.bsky.social talk about the implications of AI and technological development for labor markets in "Handbook Talks", our podcast series dedicated to the new volumes of the Handbook of Labor Economics.
youtube.com
2. Handbook Talks: Will AI replace jobs or improve them?
YouTube video by ROCKWOOL Foundation Berlin
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ROCKWOOL Foundation Berlin @rfberlin.bsky.social · 25/07/2025
🆕 Chapter of the Handbook of Labor Economics in our Discussion Paper Series: @dacemoglumit.bsky.social, Fredric Kong, and Pascual Restrepo review recent advances in the task model and show how it can be used to understand recent trends in the labor market. www.rfberlin.com/research/tas...
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Aaron Rupar @atrupar.com · 24/07/2025
Powell called out Trump for making stuff up to smear him "I'm not aware of that, Mr President. I haven't heard that from anybody at the Fed. You just added in a third building is what that is. No, it was built five years ago. We finished it five years ago. It's not new."
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Martin Ertl @martinertl.bsky.social · 12/07/2025
Das IHS @ihs.ac.at präsentiert am Donnerstag im Rahmen der Mittelfristprognose in einem Sonderkapitel die Effekte der US-Zollpolitik auf die österreichische Wirtschaft, den Euroraum und die US-Wirtschaft. /1
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Simon Jäger @simonjaeger.bsky.social · 11/07/2025
Very excited that our paper (joint with Jarkko Harju and ‪@schoefer.bsky.social‬) on "Voice at Work" is published in the American Economic Journal: Applied Economics. We study what happened when workers in Finnish firms got a right to worker voice on the corporate board. 👇
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Matt Novak @paleofuture.bsky.social · 09/07/2025
This is a real tweet from the U.S. Department of Homeland Security.
DHS Twitter account: 
FIRE UP THE DEPORTATION PLANES!

Image of a skeleton doing squats with the text MY BODY IS A
THAT TURNS
MACHINE
ICE FUNDING
INTO
MASS DEPORTATIONS
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João Pereira dos Santos @joaopsantos.bsky.social · 07/07/2025
Join us this Friday!
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Harald Oberhofer @ho2604.bsky.social · 28/06/2025
Die @diepressecom.bsky.social versucht den Stimmungsaufheller. Gute Idee.
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Joshua Goodman @joshua-goodman.com · 11/06/2025
Re-upping my advice about how to write a good title and abstract for an academic paper, appropriately called: "How to Write a Title and Abstract" Feel free to share this thread, which will focus on titles. #EconSky #AcademicSky
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JKU Department of Economics @jku-economics.bsky.social · 11/06/2025
Only one week left to apply 👇 - Minimum gross salary €92,460 (overpayment customary) - Generous leave: 5 weeks paid vacation minimum - High living standards: public transport, healthcare, safety - Access to EU funding, e.g., ERC, Horizon Europe
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