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Intuit QuickBooks Small Business Index : A New Employment Series for the US, Canada, and the UK

Akcigit, Ufuk; Chhina, Raman; Cilasun, Seyit Mümin; … - National Bureau of Economic Research - 2023

Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....

Persistent link: https://www.econbiz.de/10014322738

New Technologies and Jobs in Europe

Albanesi, Stefania; Silva, António Dias da; Jimeno, Juan F. - National Bureau of Economic Research - 2023

We examine the link between labour market developments and new technologies such as artificial intelligence (AI) and software in 16 European countries over the period 2011- 2019. Using data for occupations at the 3-digit level in Europe, we find that on average employment shares have increased...

Persistent link: https://www.econbiz.de/10014322745

Adjusting Labor Along The Intensive Margins

Hamermesh, Daniel S.; Biddle, Jeff - National Bureau of Economic Research - 2024

We expand the analysis of cyclical changes in labor demand by decomposing changes along the intensive margin into those in days/week and in hours/day. Using large cross sections of U.S. data, 1985-2018, we observe around 1/4 of the adjustment in weekly hours occurring through changing days/week....

Persistent link: https://www.econbiz.de/10014635715

Does Occupational Licensing Reduce Job Loss During Recessions?

Blair, Peter Q.; Chung, Bobby W. - National Bureau of Economic Research - 2024

Licensed workers could be shielded from unemployment during recession since occupational licensing laws are asymmetric …-in-differences event study research design that exploits cross-state variation in licensing laws to compare the unemployment rate between …, we find that licensing shields workers from a recession-induced increase in the unemployment rate of 0.82 p.p. during …

Persistent link: https://www.econbiz.de/10014544764

Spending and Job-Finding Impacts of Expanded Unemployment Benefits : Evidence from Administrative Micro Data

Ganong, Peter; Greig, Fiona E.; Noel, Pascal J.; … - National Bureau of Economic Research - 2022

We show that the largest increase in unemployment benefits in U.S. history had large spending impacts and small job …

Persistent link: https://www.econbiz.de/10013361970

Labor Market Tightness and Union Activity

Pezold, Chantal; Jäger, Simon; Nüß, Patrick - National Bureau of Economic Research - 2023

.g., by reducing the threat of unemployment after management opposition or employer retaliation in response to a unionization …

Persistent link: https://www.econbiz.de/10014447309

Scenarios for the Transition to AGI

Korinek, Anton; Suh, Donghyun - National Bureau of Economic Research - 2024

We analyze how output and wages behave under different scenarios for technological progress that may culminate in Artificial General Intelligence (AGI), defined as the ability of AI systems to perform all tasks that humans can perform. We assume that human work can be decomposed into atomistic...

Persistent link: https://www.econbiz.de/10014512109

The Simple Macroeconomics of AI

Acemoglu, Daron - National Bureau of Economic Research - 2024

This paper evaluates claims about large macroeconomic implications of new advances in AI. It starts from a task-based model of AI's effects, working through automation and task complementarities. So long as AI's microeconomic effects are driven by cost savings/productivity improvements at the...

Persistent link: https://www.econbiz.de/10014544765

A Tractable Income Process for Business Cycle Analysis

Guvenen, Fatih; McKay, Alisdair; Ryan, Conor B. - National Bureau of Economic Research - 2023

We estimate an income process that is consistent with key facts on individual income risk and its variation over the business cycle. In particular, the estimated process generates income fluctuations that display (i) flat and acyclical variance, (ii) volatile and procyclical skewness, (iii) very...

Persistent link: https://www.econbiz.de/10014226156

Remote Work across Jobs, Companies, and Space

Hansen, Stephen; Lambert, Peter; Bloom, Nicholas; … - National Bureau of Economic Research - 2023

The pandemic catalyzed an enduring shift to remote work. To measure and characterize this shift, we examine more than 250 million job vacancy postings across five English-speaking countries. Our measurements rely on a state-of-the-art language-processing framework that we fit, test, and refine...

Persistent link: https://www.econbiz.de/10014247927