Showing 1 - 10 of 1,277
Economists have long hypothesized that large and thick labor markets facilitate the matching between workers and firms …
Persistent link: https://www.econbiz.de/10014512104
This paper builds, identifies and estimates a model of the labor market that features strategic interactions in wage setting and two-sided heterogeneity in order to shed light on the sources of wage inequality. We provide a tractable characterization of the model equilibrium and demonstrate its...
Persistent link: https://www.econbiz.de/10014544771
presence of political assortative matching: business owners are significantly more likely to employ copartisan workers …. Political assortative matching is larger in magnitude than assortative matching along gender and racial lines. We then provide … assortative matching grow less than comparable firms …
Persistent link: https://www.econbiz.de/10013334400
Online platforms often face challenges being both fair (i.e., non-discriminatory) and efficient (i.e., maximizing revenue). Using computer vision algorithms and observational data from a microlending marketplace, we find that choices made by borrowers creating online profiles impact both of...
Persistent link: https://www.econbiz.de/10013462682
This paper uses a revealed preference approach applied to administrative data from Washington to document and characterize work-hour constraints. Workers have limited discretion over hours at a given employer, and there is substantial mismatch between workers who prefer long hours and employers...
Persistent link: https://www.econbiz.de/10014287306
I generalize the canonical model--in which relative supply and demand for worker skills shape the skill premium--incorporating monopsony power, minimum wages, and unemployment. I estimate the extended canonical model using national data and, separately, state-level data. I show that...
Persistent link: https://www.econbiz.de/10013334528
We analyze the effects of exposure to industrial robots on labor markets and household behaviors, exploring longitudinal household data from China. We find that a one standard deviation increase in robot exposure led to a decline in labor force participation (-1%), employment (-7.5%), and hourly...
Persistent link: https://www.econbiz.de/10013477199
Prior research, primarily based on lab experiments, suggests that females might be more averse to competition than males and could be more inclined towards collaboration, instead. Were these findings to generalize to adults across the workforce, there could be profound implications for...
Persistent link: https://www.econbiz.de/10013210090
Combining confidential Census worker and firm data, we find three key results. First, employees at more productive firms earn higher pay at all earnings levels. Second, this pay-productivity relationship strengthens with seniority, doubling from an elasticity of 0.07 for pay on productivity for...
Persistent link: https://www.econbiz.de/10014512094
We study the effects of the unionization of faculty at Canadian universities from 1970-2022 using an event-study design. Using administrative data which covers the full universe of faculty salaries, we find strong evidence that unionization leads to both average salary gains and compression of...
Persistent link: https://www.econbiz.de/10014512131