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Foresightful workers can take actions to reduce their exposure to risk in labor markets, but existing evidence on narrow bracketing suggests that individuals might not optimally integrate risk reduction decisions with subsequent labor decisions. In an online labor market, we vary the level of...
Persistent link: https://www.econbiz.de/10013477286
-the-job tenure from total experience in determining productivity growth. Several findings emerge concerning the initial period on the … job. (1) On-the-job productivity growth exceeds wage growth, consistent with wages not being allocative period …
Persistent link: https://www.econbiz.de/10013361996
We estimate the effects of robot adoption on firm-level and worker-level outcomes in the Netherlands using a large employer-employee panel dataset spanning 2009-2020. Our firm-level results confirm previous findings, with positive effects on value added and hours worked for robot-adopting firms...
Persistent link: https://www.econbiz.de/10014247929
Why were the poorer countries of the European periphery latecomers to the Age of Mass Migration? We test the diffusion hypothesis, which argues that mass emigration was delayed because it was primarily governed by a gradual process of spatial diffusion of migration networks. We propose a model...
Persistent link: https://www.econbiz.de/10013537741
A robust body of evidence shows that air pollution exposure is detrimental to health outcomes, often measured as deaths and hospitalizations. This literature has focused less on subclinical channels that nonetheless impact behavior, performance, and skills. This article reviews the economic...
Persistent link: https://www.econbiz.de/10013172147
Using the National Longitudinal Survey of Youth (NLSY) and six proxies for industry rates of technological change, we study the impact of technological change on skill accumulation among young male workers in the manufacturing sector during the time period 1987 through 1992. Production workers...
Persistent link: https://www.econbiz.de/10012473779
wage growth of young, inexperienced workers. At the market level, the model implies that the present value of the wage …. We test both of these hypotheses. Evidence on the wage level-wage growth tradeoff points to a negative relationship … between initial wage levels and wage growth, even after correcting for negative biases that may have influenced existing …
Persistent link: https://www.econbiz.de/10012474244
We examine the implications of local externalities in human capital investment for the size and composition of the productive labor force. The model links residential choice, skills acquisition, and production in a city composed of several communities. Peer effects induce self-segregation by...
Persistent link: https://www.econbiz.de/10012475136
, R and D indexes account for most of the explanatory power. Indexes of (Jorgenson type) productivity growth and of …
Persistent link: https://www.econbiz.de/10012475439
Understanding how productivity varies with age is important for a variety of reasons. A decline in productivity with age implies that aging societies must increasingly depend on the labor supply of the young and middle age. It also means that policies designed to keep the elderly in the work...
Persistent link: https://www.econbiz.de/10012476269