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Struggling to Understand the Stock Market
Hall, Robert E. - In: American Economic Review 91 (2001) 2, pp. 1-11
Persistent link: https://www.econbiz.de/10005241427
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Diversity in the Workplace
Morgan, John; Várdy, Felix - In: American Economic Review 99 (2009) 1, pp. 472-85
We study minority representation in the workplace when employers engage in optimal sequential search and minorities … convey noisier signals of ability than mainstream job candidates. The greater signal noise makes it harder for minorities to … rigidity of employers' beliefs leads to overrepresentation of minorities. (JEL D83, J15, J24, J71, M12, M51) …
Persistent link: https://www.econbiz.de/10004999795
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The Labor Supply of Immigrants in the United States: The Role of Changing Source Country Characteristics
Lopez, Mary; Lozano, Fernando Antonio - In: American Economic Review 99 (2009) 2, pp. 35-40
Persistent link: https://www.econbiz.de/10004999881
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Wages and Informality in Developing Countries
Meghir, Costas; Narita, Renata; Robin, Jean-Marc - In: American Economic Review 105 (2015) 4, pp. 1509-46
We develop an equilibrium wage-posting model with heterogeneous firms that decide to locate in the formal or the informal sector and workers who search randomly on and off the job. We estimate the model on Brazilian labor force survey data. In equilibrium, firms of equal productivity locate in...
Persistent link: https://www.econbiz.de/10011211794
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International Financial Crises: Causes, Prevention, and Cures
Summers, Lawrence H. - In: American Economic Review 90 (2000) 2, pp. 1-16
Persistent link: https://www.econbiz.de/10005820210
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Explaining Job Polarization: Routine-Biased Technological Change and Offshoring
Goos, Maarten; Manning, Alan; Salomons, Anna - In: American Economic Review 104 (2014) 8, pp. 2509-26
This paper documents the pervasiveness of job polarization in 16 Western European countries over the period 1993-2010. It then develops and estimates a framework to explain job polarization using routine-biased technological change and offshoring. This model can explain much of both total job...
Persistent link: https://www.econbiz.de/10010884827
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Why Do Programmers Earn More in Houston than Hyderabad? Evidence from Randomized Processing of US Visas
Clemens, Michael A. - 2014
Why do workers earn so much more in the United States than in India? This study compares the earnings of workers in the two countries in a unique setting. The product is perfectly tradable (software), technology differences are nil (they are members of the same work team), and the workers are...
Persistent link: https://www.econbiz.de/10013063809
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Immigration and the Diffusion of Technology: The Huguenot Diaspora in Prussia
Hornung, Erik - In: American Economic Review 104 (2014) 1, pp. 84-122
This paper analyzes long-term effects of skilled-worker immigration on productivity for the Huguenot migration to Prussia. In 1685, religiously persecuted French Huguenots settled in Brandenburg- Prussia and compensated for population losses due to plagues during the Thirty Years' War. We...
Persistent link: https://www.econbiz.de/10010815476
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Labor-Market Integration, Investment in Risky Human Capital, and Fiscal Competition
Wildasin, David E. - In: American Economic Review 90 (2000) 1, pp. 73-95
This paper presents a general-equilibrium model where human capital investment increases specialization and exposes skilled workers to region-specific earnings risk Interjurisdictional mobility of skilled labor mitigates these risks; state-contingent migration of skilled labor also improves...
Persistent link: https://www.econbiz.de/10005820690
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Immigration and Inequality
Card, David - In: American Economic Review 99 (2009) 2, pp. 1-21
Persistent link: https://www.econbiz.de/10004999865