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What determines the earnings of a worker relative to his peers in the same occupation? What makes a worker fail in one … occupation but succeed in another? More broadly, what are the factors that determine the productivity of a worker-occupation … based on the discrepancy between the portfolio of skills required by an occupation and the portfolio of abilities possessed …
Persistent link: https://www.econbiz.de/10012457292
-level performance equation. The econometric analysis showed that, controlling for the characteristics of the market in which the branch …
Persistent link: https://www.econbiz.de/10012471309
We use the COVID shock to study the direct and interactive effects of several forms of corporate flexibility on short- and long-term real business plans. We find that i) workplace flexibility, namely the ability for employees to work remotely, plays a central role in determining firms'...
Persistent link: https://www.econbiz.de/10012938715
We study human capital reallocation following firm-specific idiosyncratic shocks. Theory offers diverging predictions as to whether human capital gets reallocated to its most productive use following these shocks. To empirically test these predictions, we focus on relegation battles in the...
Persistent link: https://www.econbiz.de/10012938751
We designed and fielded a survey of New York and Pennsylvania firms to study the impacts of New York's 2018 Paid Family Leave policy on employer outcomes. We match each NY firm to a comparable PA firm and use difference-in-difference models to analyze within-match-pair changes in outcomes. We...
Persistent link: https://www.econbiz.de/10012510550
We fully solve an assignment problem with heterogeneous firms and multiple heterogeneous workers whose skills are imperfect substitutes, that is, when production is submodular. We show that sorting is neither positive nor negative and is characterized sufficiently by two regions. In the first...
Persistent link: https://www.econbiz.de/10012629510
In a model with cheap talk, employers can send messages about their willingness to pay for higher ability workers, which job-seekers can use to direct their search and tailor their wage bid. Introducing such messages leads--under certain conditions--to an informative separating equilibrium which...
Persistent link: https://www.econbiz.de/10012696354
In most organizations, promotions often require self-nomination and competition among applicants. However, research on gender differences in preferences for competition suggests that this process might result in fewer women choosing to participate. We study whether changing promotion schemes...
Persistent link: https://www.econbiz.de/10012480427
The employment rate for workers 55 and over has been increasing across the world for the last decade. This creates opportunities for employers to diversify their workforce and retain valuable knowledge and skills, while at the same time posing the challenge of rising labor costs and blocked...
Persistent link: https://www.econbiz.de/10012480541
While businesses require funding to start and grow, they also rely on human capital, which affects how they raise funds. Labor market frictions make financing labor different than financing capital. Unlike capital, labor cannot be owned and can act strategically. Workers face unemployment costs,...
Persistent link: https://www.econbiz.de/10012480777