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Technology and Labor Displacement : Evidence from Linking Patents with Worker-Level Data
Kogan, Leonid; Papanikolaou, Dimitris; Schmidt, Lawrence; … - National Bureau of Economic Research - 2023
We develop measures of labor-saving and labor-augmenting technology exposure using textual analysis of patents and job tasks. Using US administrative data, we show that both measures negatively predict earnings growth of individual incumbent workers. While labor-saving technologies predict...
Persistent link: https://www.econbiz.de/10014436977
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The Productivity of Professions : Evidence from the Emergency Department
Chan, David C.; Chen, Yiqun - National Bureau of Economic Research - 2022
overlapping tasks but with stark differences in background, training, and pay. Using data from the Veterans Health Administration …
Persistent link: https://www.econbiz.de/10013435170
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On the Allocation and Impacts of Managerial Training
Adhvaryu, Achyuta; Murathanoglu, Emir; Nyshadham, Anant - National Bureau of Economic Research - 2023
We study the allocation and productivity consequences of training production line supervisors in soft skills via a … randomized controlled trial. Consistent with standard practice for training investments within firms, we asked middle managers … -- who sit above supervisors in the hierarchy -- to nominate members of their supervisory team for training. Program access …
Persistent link: https://www.econbiz.de/10014322723
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Automation and the Workforce : A Firm-Level View from the 2019 Annual Business Survey
Acemoglu, Daron; Anderson, Gary; Beede, David Nathan; … - National Bureau of Economic Research - 2022
This paper describes the adoption of automation technologies by US firms across all economic sectors by leveraging a new module introduced in the 2019 Annual Business Survey, conducted by the US Census Bureau in partnership with the National Center for Science and Engineering Statistics (NCSES)....
Persistent link: https://www.econbiz.de/10013462707
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How Worker Productivity and Wages Grow with Tenure and Experience : The Firm Perspective
Caplin, Andrew; Lee, Minjoon; Leth-Petersen, Søren; … - National Bureau of Economic Research - 2022
How worker productivity evolves with tenure and experience is central to economics, shaping, for example, life-cycle earnings and the losses from involuntary job separation. Yet, worker-level productivity is hard to identify from observational data. This paper introduces direct measurement of...
Persistent link: https://www.econbiz.de/10013361996
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Monopsony, Job Tasks, and Labor Market Concentration
Dodini, Samuel; Lovenheim, Michael F.; Salvanes, Kjell G.; … - National Bureau of Economic Research - 2023
This paper extends the literature on monopsony and labor market concentration by taking a task-based approach and estimating the causal effect of concentration in the demand for skills on labor market outcomes. The prior literature has focused on industry and occupation concentration and likely...
Persistent link: https://www.econbiz.de/10013537717
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Skills, Majors, and Jobs : Does Higher Education Respond?
Conzelmann, Johnathan G.; Hemelt, Steven W.; Hershbein, Brad - National Bureau of Economic Research - 2023
How do college students and postsecondary institutions react to changes in skill demand in the U.S. labor market? We quantify the magnitude and nature of response in the 4-year sector using a new measure of labor demand at the institution-major level that combines online job ads with geographic...
Persistent link: https://www.econbiz.de/10014337805
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The Shift to Remote Work Lessens Wage-Growth Pressures
Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J.; … - National Bureau of Economic Research - 2022
The recent shift to remote work raised the amenity value of employment. As compensation adjusts to share the amenity-value gains with employers, wage-growth pressures moderate. We find empirical support for this mechanism in the wage-setting behavior of U.S. employers, and we develop novel...
Persistent link: https://www.econbiz.de/10013334415
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The Wage Curve After the Great Recession
Blanchflower, David G.; Bryson, Alex; Spurling, Jackson - National Bureau of Economic Research - 2022
Most economists maintain that the labor market in the United States is 'tight' because unemployment rates are low. They infer from this that there is potential for wage-push inflation. However, real wages are falling rapidly at present and, prior to that, real wages had been stagnant for some...
Persistent link: https://www.econbiz.de/10013361977
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Minimally Altruistic Wages and Unemployment in a Matching Model
Rotemberg, Julio J. - 2008
This paper presents a model in which firms recruit both unemployed and employed workers by posting vacancies. Firms act monopsonistically and set wages to retain their existing workers as well as to attract new ones. The model differs from Burdett and Mortensen (1998) in that its assumptions...
Persistent link: https://www.econbiz.de/10012464892