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Changing Stability in U.S. Employment Relationships : A Tale of Two Tails
Molloy, Raven - 2020
We confront two seemingly-contradictory observations about the US labor market: the rate at which workers change employers has declined since the 1980s, yet there is a commonly expressed view that long-term employment relationships are more difficult to attain. We reconcile these observations by...
Persistent link: https://www.econbiz.de/10012479218
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Health and Safety vs. Freedom of Contract : The Tortured Path of Wage and Hours Limits Through the State Legislatures and the Courts
Fishback, Price Van Meter - National Bureau of Economic Research - 2022
The paper examines changes in wage and hour labor regulation between 1898 and 1938. Many see the 1905 Lochner Supreme Court decision striking down hours limits for men as the beginning of 30 years in which labor regulation was stymied by the doctrine of "freedom of contract." That issue played a...
Persistent link: https://www.econbiz.de/10013388792
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Material Incentives and Effort Choice : Evidence from an Online Experiment Across Countries
Davies, Elwyn; Fafchamps, Marcel - National Bureau of Economic Research - 2022
We conduct an interactive online experiment framed as an employment contract between employer and worker. Subjects from the US, India, and Africa are matched in pairs within and, in some cases, across countries. Employers make a one-period offer to a worker who can either decline or choose a...
Persistent link: https://www.econbiz.de/10013362026
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Venture Capital's "Me Too" Moment
Calder-Wang, Sophie; Gompers, Paul A.; Sweeney, Patrick - National Bureau of Economic Research - 2021
In this paper, we document the historically low rate of hiring of women in the venture capital sector. We find that the high-profile Ellen Pao v. Kleiner Perkins gender discrimination trial had dramatic treatment effects. In difference-in-differences regressions, we find that the rate of hiring...
Persistent link: https://www.econbiz.de/10012510557
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Politics and Gender in the Executive Suite
Cohen, Alma; Hazan, Moshe; Weiss, David - National Bureau of Economic Research - 2021
Are the political preferences of CEOs associated with the representation and compensation of women in the executive suite? We find that Democratic CEOs (those who contribute more to Democratic candidates) are associated with higher representation of women in the executive suite. To explore...
Persistent link: https://www.econbiz.de/10012585377
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Leadership and Organizations
Alston, Eric C.; Alston, Lee J.; Mueller, Bernardo - National Bureau of Economic Research - 2021
To understand leadership, it is necessary to understand the purpose of an organization. Organizations are hierarchies with leaders at the top. Why do we have leaders instead of an algorithm making decisions? The theory of the firm recognizes benefits to centralizing authority but these...
Persistent link: https://www.econbiz.de/10012585411
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The Demand for Executive Skills
Hansen, Stephen; Ramdas, Tejas; Sadun, Raffaella; … - National Bureau of Economic Research - 2021
We use a unique corpus of job descriptions for C-suite positions to document skills requirements in top managerial occupations across a large sample of firms. A novel algorithm maps the text of each executive search into six separate skill clusters reflecting cognitive, interpersonal, and...
Persistent link: https://www.econbiz.de/10012585443
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Communication within Firms : Evidence from CEO Turnovers
Impink, Stephen Michael; Prat, Andrea; Sadun, Raffaella - National Bureau of Economic Research - 2021
This paper uses novel, firm-level measures derived from communications metadata before and after a CEO transition in 102 firms to study if CEO turnover impacts employees' communication flows. We find that CEO turnover leads to an initial decrease in intra-firm communication, followed by a...
Persistent link: https://www.econbiz.de/10012599332
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The Macroeconomic Expectations of U.S. Managers
McClure, Ethan M. L.; Coibion, Olivier; Gorodnichenko, Yuriy - National Bureau of Economic Research - 2022
Using responses obtained through the Nielsen Homescan panel survey, we explore the differences between managers' and … non-managers' expectations and perceptions of inflation and unemployment. By and large, managers and non-managers exhibit … information provided in a randomized control trial. Finally, the inflation expectations of managers deviate systematically from …
Persistent link: https://www.econbiz.de/10013191080
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The Effects of COVID-19 on U.S. Small Businesses : Evidence from Owners, Managers, and Employees
Alekseev, Georgij - 2020
We analyze a large-scale survey of owners, managers, and employees of small businesses in the United States to …
Persistent link: https://www.econbiz.de/10012481136