Anton Korinek

Associate Professor, Department of Economics and Darden School of Business, University of Virginia

Research Affiliate, Oxford Future of Humanity Institute, Centre for the Governance of AI

Research Associate, NBER and CEPR

Google Scholar

Email: anton [at] korinek [dot] com

Twitter: @akorinek

Bio

Anton is an Associate Professor at the University of Virginia, Department of Economics and Darden School of Business as well as a Research Associate at the NBER, a Research Fellow at the CEPR and a Research Affiliate at the Oxford Future of Humanity Institute Centre for the Governance of AI. He received his PhD from Columbia University in 2007 after several years of work experience in the IT and financial sector. He has also worked at Johns Hopkins and at the University of Maryland and has been a visiting scholar at Harvard University, the World Bank, the IMF, the BIS and numerous central banks.

His areas of expertise include macroeconomics, international finance, and inequality. His most recent research investigates the effects of progress in automation and artificial intelligence for macroeconomic dynamics and inequality. Korinek also focuses on capital controls and macroprudential regulation as policy instruments to reduce the risk of financial crises. He investigates the global spillover effects of such policy measures as well as their implications for income inequality. He has won several fellowships and awards for this work, including from the Institute for New Economic Thinking.

Latest News

Sept 2020 Joined Steering Committee of Partnership on AI's Shared Prosperity Initiative

Apr 2020 New paper on COVID-19 Infection Externalities: Pursuing Herd Immunity or Containment? [NBER WP | Summary | VoxEU column]

Mar 2020 Organized 2nd INET/IMF Conference on "Macroeconomics in the Age of AI"

Jan 2020 Work on Steering Progress in Artificial Intelligence featured in the Economist's Free Exchange

Jul 2019 Interview with INET on The Rise of Artificially Intelligent Agents

Feb 2019 Founding Member of Economists for Inclusive Prosperity, writing on Labor in the Age of Automation and AI


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Latest Research

Steering Technological Progress [PDF | Slides], with Joseph Stiglitz, Oct. 2020

Analyzes how to steer technological progress in directions that complement labor rather than displacing it - cited by The Economist's Free Exchange

Managing Capital Flows: Theoretical Advances and IMF Policy Frameworks, IEO Background Paper BP/20-02/01 for IEO evaluation of "IMF Advice on Capital Flows," Aug. 2020.

Synthesizes theoretical research on managing capital flows from a policy perspectives and evaluates to what extent the IMF's policy frameworks align with it

COVID-19 Infection Externalities: Trading Off Lives vs. Livelihoods? [WP | NBER | CEPR | Summary | VoxEU column], with Zach Bethune, Apr. 2020

Public health measures are essential to deal with COVID-19 because rational individuals internalize only $18k of the true $55k social cost of an infection

Integrating Ethical Values and Economic Value to Steer Progress in Artificial Intelligence [Publication | WP], in Markus Dubber, Frank Pasquale and Sunit Das (eds.), Oxford Handbook of Ethics of Artificial Intelligence, Oxford University Press, July 2020.

Complementing market incentives with ethical values is crucial to steer progress in AI in a direction that is beneficial for humanity at large

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