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Meritocracy across Countries
Bandiera, Oriana; Kotia, Ananya; Lindenlaub, Ilse; … - National Bureau of Economic Research - 2024
Are labor markets in higher-income countries more meritocratic, in the sense that worker-job matching is based on … the role of worker-job matching in development accounting, we build an equilibrium matching model that allows for cross … determine match feasibility; (ii) technology, which determines the returns to matching; and (iii) idiosyncratic matching …
Persistent link: https://www.econbiz.de/10014528414
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Screening with Multitasking
Dinerstein, Michael; Opper, Isaac M. - National Bureau of Economic Research - 2022
What happens when employers would like to screen their employees but only observe a subset of output? We specify a model in which heterogeneous employees respond by producing more of the observed output at the expense of the unobserved output. Though this substitution distorts output in the...
Persistent link: https://www.econbiz.de/10013334527
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The Effects of Advanced Degrees on the Wage Rates, Hours, Earnings and Job Satisfaction of Women and Men
Altonji, Joseph G.; Humphries, John Eric; Zhong, Ling - National Bureau of Economic Research - 2022
This paper uses a college-by-graduate degree fixed effects estimator to evaluate the returns to 19 different graduate degrees for men and women. We find substantial variation across degrees, and evidence that OLS overestimates the returns to degrees with high average earnings and underestimates...
Persistent link: https://www.econbiz.de/10013334324
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New Schools and New Classmates : The Disruption and Peer Group Effects of School Reassignment
Hill, Darryl V.; Hughes, Rodney P.; Lenard, Matthew A.; … - National Bureau of Economic Research - 2022
Policy makers periodically consider using student assignment policies to improve educational outcomes by altering the socio-economic and academic skill composition of schools. We exploit the quasi-random reassignment of students across schools in the Wake County Public School System to estimate...
Persistent link: https://www.econbiz.de/10013210113
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Employee Evaluation and Skill Investments : Evidence from Public School Teachers
Taylor, Eric S. - National Bureau of Economic Research - 2022
When an employee expects repeated evaluation and performance incentives over time, the potential future rewards create an incentive to invest in building relevant skills. Because new skills benefit job performance, the effects of an evaluation program can persist after the rewards end or even...
Persistent link: https://www.econbiz.de/10013462735
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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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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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Shaping Inequality and Intergenerational Persistence of Poverty : Free College or Better Schools
Krueger, Dirk; Ludwig, Alexander; Popova, Irina - National Bureau of Economic Research - 2024
We evaluate the aggregate, distributional and welfare consequences of alternative government education policies to encourage college completion, such as making college free and improving funding for public schooling. To do so, we construct a general equilibrium overlapping generations model with...
Persistent link: https://www.econbiz.de/10014544745
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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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Multidimensional Human Capital and the Wage Structure
Deming, David J. - National Bureau of Economic Research - 2023
This paper reviews and synthesizes the literature on the macroeconomic implications of human capital theory. I begin with a review of the canonical model of education and the wage structure pioneered by Tinbergen (1975) and developed more fully by Goldin and Katz (2007). I also review...
Persistent link: https://www.econbiz.de/10014247921