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Higher education financing and the educational aspirations of teenagers and their parents
Anderberg, Dan; Chevalier, Arnaud; Hassani-Nezhad, Lena; … - 2020
We study the impact of higher education financing on the academic aspirations of teenagers and of their parents. We exploit a reform which introduced a large increase in the maximum university tuition fees and a more redistributive student loan system, both of which varied across the UK's...
Persistent link: https://www.econbiz.de/10012305217
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The wrong kind of AI? : artificial intelligence and the future of labor demand
Acemoglu, Daron; Restrepo, Pascual - 2019
Artificial Intelligence is set to influence every aspect of our lives, not least the way production is organized. AI, as a technology platform, can automate tasks previously performed by labor or create new tasks and activities in which humans can be productively employed. Recent technological...
Persistent link: https://www.econbiz.de/10012001438
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To be or not to be... a scientist?
Chevalier, Arnaud - 2012
Policy makers generally advocate that to remain competitive countries need to train more scientists. Employers regularly complain of qualified scientist shortages blaming the higher wages in other occupations for luring graduates out of scientific occupations. Using a survey of recent British...
Persistent link: https://www.econbiz.de/10009530671
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What happens when employers are free to discriminate? : evidence from the English Barclays Premier Fantasy Football League
Bryson, Alex; Chevalier, Arnaud - 2014
Research on employers' hiring discrimination is limited by the unlawfulness of such activity. Consequently, researchers have focused on the intention to hire. Instead, we rely on a virtual labour market, the Fantasy Football Premier League, where employers can freely exercise their taste for...
Persistent link: https://www.econbiz.de/10010355694
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Automation and new tasks : how technology displaces and reinstates labor
Acemoglu, Daron; Restrepo, Pascual - 2019
We present a framework for understanding the effects of automation and other types of technological changes on labor demand, and use it to interpret changes in US employment over the recent past. At the center of our framework is the allocation of tasks to capital and labor - the task content of...
Persistent link: https://www.econbiz.de/10012001461
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Minimum Wages and On-the-Job Training
Acemoglu, Daron; Pischke, Jörn-Steffen - Centre for Economic Performance, LSE - 2002
Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...
Persistent link: https://www.econbiz.de/10005016812
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Robots and workers : evidence from the Netherlands
Acemoglu, Daron; Koster, Hans; Ozgen, Ceren - 2023
We estimate the effects of robot adoption on firm-level and worker-level outcomes in the Netherlands using a large employer-employee panel dataset spanning 2009-2020. Our firm-level results confirm previous findings, with positive effects on value added and hours worked for robot-adopting firms...
Persistent link: https://www.econbiz.de/10014230161
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What Happens When Employers are Free to Discriminate? Evidence from the English Barclays Premier Fantasy Football League
Bryson, Alex; Chevalier, Arnaud - Centre for Economic Performance, LSE - 2014
Research on employers' hiring discrimination is limited by the unlawfulness of such activity. Consequently, researchers have focused on the intention to hire. Instead, we rely on a virtual labour market, the Fantasy Football Premier League, where employers can freely exercise their taste for...
Persistent link: https://www.econbiz.de/10010795538
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Minimum wages and on-the-job training
Acemoglu, Daron; Pischke, Jörn-Steffen - 2001
Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...
Persistent link: https://www.econbiz.de/10011404043
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Innovation in Business Groups
Belenzon, Sharon; Berkovitz, Tomer - Centre for Economic Performance, LSE - 2007
Using novel data on European firms, this paper examines the effect of business group affiliation on innovation. We find … that business groups foster the scale and novelty of corporate innovation. Group affiliation is particularly important in … industries that rely more on external finance and have a higher degree of information asymmetry. We also find that the innovation …
Persistent link: https://www.econbiz.de/10005151051