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How Much is Social Capital Worth?
Helliwell, John F. - 2010
compensating differentials, measured as the changes in household income that would produce equivalent levels of life satisfaction … and country - and find that they add significantly to the explanation of life satisfaction among Canadian respondents, and …
Persistent link: https://www.econbiz.de/10012462628
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Well-Being and Social Capital : Does Suicide Pose a Puzzle?
Helliwell, John F. - 2004
correlation between national average suicide rates and measures of life satisfaction. Thus social capital does appear to improve … well-being, whether measured by higher average values of life satisfaction or by lower average suicide rates. There is a … variables that have more weight in explaining life satisfaction than suicide (trust and quality of government), and less …
Persistent link: https://www.econbiz.de/10012467791
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Social Capital and Prosocial Behaviour as Sources of Well-Being
Helliwell, John F. - 2017
This paper surveys evidence documenting positive linkages among social capital, prosocial behaviour, and subjective well-being. Whether in the workplace, at home, in the community, or among nations, better and deeper social connections, and especially higher levels of trust are linked to higher...
Persistent link: https://www.econbiz.de/10012453950
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Urban Sprawl and Social Capital : Evidence from Indonesian Cities
Civelli, Andrea; Gaduh, Arya; Rothenberg, Alexander D.; … - National Bureau of Economic Research - 2022
We use detailed data from Indonesian cities to study how variation in density within urban areas affects social capital. For identification, we instrument density with soil characteristics, and control for community averages of observed characteristics. Under plausible assumptions, these...
Persistent link: https://www.econbiz.de/10013210096
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Trust, Intangible Assets, and Productivity
Cette, Gilbert; Lopez, Jimmy; Mairesse, Jacques; … - National Bureau of Economic Research - 2024
Business environments dominated by information flows and autonomous tasks, typical of knowledge-intensive industries, are likely to require enough social capital to be viable and productive. In this paper, we use new EUKLEMS-INTANProd industry-level data (Bontadini et al., 2023a) covering a...
Persistent link: https://www.econbiz.de/10014544791
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Ending Pay for PBM Performance : Consequences for Prescription Drug Prices, Utilization, and Government Spending
Mulligan, Casey B. - National Bureau of Economic Research - 2023
Proposed "delinking" legislation would prohibit Pharmacy Benefit Managers (PBMs) from being remunerated based on the rebates and discounts they negotiate for drug insurance plans serving Medicare beneficiaries. This policy would significantly change drug pricing and utilization and shift...
Persistent link: https://www.econbiz.de/10014372424
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Skill Heterogeneity and Aggregate Labor Market Dynamics
Grigsby, John R. - National Bureau of Economic Research - 2022
This paper studies aggregate labor market dynamics when workers have heterogeneous skills for tasks which are subject to non-uniform labor demand shocks. When workers have different skills, movements in aggregate wages partly reflect a reallocation of different workers across tasks and into...
Persistent link: https://www.econbiz.de/10013210080
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Scenarios for the Transition to AGI
Korinek, Anton; Suh, Donghyun - National Bureau of Economic Research - 2024
We analyze how output and wages behave under different scenarios for technological progress that may culminate in Artificial General Intelligence (AGI), defined as the ability of AI systems to perform all tasks that humans can perform. We assume that human work can be decomposed into atomistic...
Persistent link: https://www.econbiz.de/10014512109
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Does Occupational Licensing Reduce Job Loss During Recessions?
Blair, Peter Q.; Chung, Bobby W. - National Bureau of Economic Research - 2024
Licensed workers could be shielded from unemployment during recession since occupational licensing laws are asymmetric--making unlicensed workers an illegal substitute for licensed workers but not the reverse. We test our hypothesis using a difference-in-differences event study research design...
Persistent link: https://www.econbiz.de/10014544764
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The Simple Macroeconomics of AI
Acemoglu, Daron - National Bureau of Economic Research - 2024
This paper evaluates claims about large macroeconomic implications of new advances in AI. It starts from a task-based model of AI's effects, working through automation and task complementarities. So long as AI's microeconomic effects are driven by cost savings/productivity improvements at the...
Persistent link: https://www.econbiz.de/10014544765