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Measuring and Predicting "New Work" in the United States : The Role of Local Factors and Global Shocks
Kim, Gueyon; Merritt, Cassandra; Peri, Giovanni - National Bureau of Economic Research - 2024
productivity growth as well as local exposures to global shocks--technology, trade, immigration, and population aging--predict the …
Persistent link: https://www.econbiz.de/10014544803
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Automation and Rent Dissipation : Implications for Wages, Inequality, and Productivity
Acemoglu, Daron; Restrepo, Pascual - National Bureau of Economic Research - 2024
This paper studies the effects of automation in economies with labor market distortions that generate worker rents--wages … is inefficient and reduces (and could even negate) the productivity gains from automation. Using data for the US from … contribution. We also estimate that inefficient rent dissipation offset 60-90% of the productivity gains from automation since 1980 …
Persistent link: https://www.econbiz.de/10014576564
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New Technologies and Jobs in Europe
Albanesi, Stefania; Silva, António Dias da; Jimeno, Juan F. - National Bureau of Economic Research - 2023
protection laws. In contrast to the findings for employment, we find little evidence for a relationship between wages and …
Persistent link: https://www.econbiz.de/10014322745
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Task Mismatch and Salary Penalties : Evidence from the Biomedical PhD Labor Market
Diethorn, Holden A.; Marschke, Gerald - National Bureau of Economic Research - 2023
We use the labor market for doctorates in the biomedical sciences, where career dislocation is common, as a case study of skill-task mismatch and its consequences. Using longitudinal, worker-level data on biomedical doctorates, we investigate mismatch as an explanation for the negative pecuniary...
Persistent link: https://www.econbiz.de/10014226116
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Fund Flows and Income Risk of Fund Managers
Cen, Xiao; Dou, Winston Wei; Kogan, Leonid; Wu, Wei - National Bureau of Economic Research - 2023
Investment fund managers make asset allocation decisions on behalf of a significant segment of US households. To elucidate the incentives they operate under, as well as the income and career risks they face, we construct a unique and novel dataset, which encompasses detailed information on the...
Persistent link: https://www.econbiz.de/10014447307
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Productivity, Wages, and Prices Inside and Outside of Manufacturing in the U.S., Japan, and Europe
Gordon, Robert J. - 1986
This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data … gap indexes to be attributed to a failure of real wages to respond to the post-1972 productivity growth slowdown is …. Europe has neither greater nominal wage flexibility nor more rigid real wages than the U. S. Evidence that the U. S. exhibits …
Persistent link: https://www.econbiz.de/10012477000
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The Link between Health and Working Longer : Disparities in Work Capacity
Berger, Benjamin; Lopez Garcia, Italo; Maestas, Nicole; … - National Bureau of Economic Research - 2022
Good health is important for employment at older ages. However, little is known about how health-related functional abilities interact with occupational demands to shape work capacity. Using new data, we quantify individuals' functional abilities, combine that information with...
Persistent link: https://www.econbiz.de/10013210064
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Effects of Childhood Cognitive and Behavioral Disabilities on Adult Economic Outcomes
Corman, Hope; Noonan, Kelly; Reichman, Nancy E. - National Bureau of Economic Research - 2024
, employment, wages, and access to transportation and credit in adulthood, using household fixed effects models to control for …
Persistent link: https://www.econbiz.de/10014486195
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Firm Accommodation After Disability : Labor Market Impacts and Implications for Social Insurance
Aizawa, Naoki; Mommaerts, Corina; Rennane, Stephanie L. - National Bureau of Economic Research - 2023
This paper studies the labor market impacts of firm accommodation decisions and assesses implications for the design of social insurance for workplace disability. We leverage a unique workers' compensation (WC) program in Oregon that provides wage subsidies to firms for accommodating injured...
Persistent link: https://www.econbiz.de/10014447299
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Automation and Polarization
Acemoglu, Daron; Loebbing, Jonas - National Bureau of Economic Research - 2022
relative to their productivity and the effective cost of capital in low-complexity tasks. Minimum wages and other sources of … advantage in the most complex tasks relative to capital, and because the wages of the least skilled workers are sufficiently low … higher wages at the bottom make interior automation less likely. Starting with interior automation, a reduction in the cost …
Persistent link: https://www.econbiz.de/10013388884