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Making Do With Less: Working Harder During Recessions

Lazear, Edward; Shaw, Kathryn L.; Stanton, Christopher - National Bureau of Economic Research (NBER) - 2013

There are two obvious possibilities that can account for the rise in productivity during recent recessions. The first is that the decline in the workforce was not random, and that the average worker was of higher quality during the recession than in the preceding period. The second is that each...

Persistent link: https://www.econbiz.de/10010969215

The Value of Bosses

Lazear, Edward; Shaw, Kathryn L.; Stanton, Christopher T. - National Bureau of Economic Research (NBER) - 2012

How and by how much do supervisors enhance worker productivity? Using a company-based data set on the productivity of technology-based services workers, supervisor effects are estimated and found to be large. Replacing a boss who is in the lower 10% of boss quality with one who is in the upper...

Persistent link: https://www.econbiz.de/10010951209

How Does Information Technology Really Affect Productivity? Plant-Level Comparisons of Product Innovation, Process Improvement and Worker Skills

Bartel, Ann P.; Ichniowski, Casey; Shaw, Kathryn L. - National Bureau of Economic Research (NBER) - 2005

manufacturing - to study the effects of new IT on product innovation, production process improvements, employee skills and work …

Persistent link: https://www.econbiz.de/10005085156

Personnel Economics: The Economist's View of Human Resources

Lazear, Edward; Shaw, Kathryn L. - National Bureau of Economic Research (NBER) - 2007

Personnel economics drills deeply into the firm to study human resource management practices like compensation, hiring practices, training, and teamwork. Many questions are asked. Why should pay vary across workers within firms--and how "compressed" should pay be within firms? Should firms pay...

Persistent link: https://www.econbiz.de/10005085230

Connective Capital as Social Capital: The Value of Problem-Solving Networks for Team Players in Firms

Ichniowski, Casey; Shaw, Kathryn L. - National Bureau of Economic Research (NBER) - 2009

Traditional human capital theory emphasizes a worker's investment in knowledge. However, when a worker is faced with … day-to-day problems on the job, the solutions to the problems often require more knowledge from a team of experts within … the firm. When a worker taps into the knowledge of experts, the worker develops his "connective capital." Firms that value …

Persistent link: https://www.econbiz.de/10008631701

Wage Structure, Raises and Mobility: International Comparisons of the Structure of Wages Within and Across Firms

Lazear, Edward; Shaw, Kathryn L. - National Bureau of Economic Research (NBER) - 2007

The returns to talent or performance have grown over time in developed countries. Is talent concentrated in a few firms or are firms virtual microcosms of the economy, each having close to identical distributions of talent? The data show that talent is not concentrated in a few companies, but is...

Persistent link: https://www.econbiz.de/10005049933

Reaching for the Stars: Who Pays for Talent in Innovative Industries?

Haltiwanger, John; Lane, Julia; Andersson, Fredrik; … - National Bureau of Economic Research (NBER) - 2006

Innovation in the U.S. economy is about employing and rewarding highly talented workers to produce new products. Using … innovation, or high variance payoffs, are more likely to attract and pay for star workers. Thus, firms in high variance product …

Persistent link: https://www.econbiz.de/10005049964