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Abstract Job characteristics can affect worker turnover through their effect on utility and through their effect on outside job opportunities. We separately identify and estimate the roles of these two channels. Our method exploits information on job changes and relies on an augmented sample...
Persistent link: https://www.econbiz.de/10011084435
We estimate the effect of imported machines on the wages of machine operators utilizing Hungarian linked employer-employee data. We infer exposure to imported machines from detailed trade statistics of the firm and the occupation description of the worker. We find that workers exposed to...
Persistent link: https://www.econbiz.de/10008921775
We analyze the relationship between offshoring and the onshore workforce composition in German multinational enterprises (MNEs), using plant data that allow us to discern tasks, occupations, and workforce skills. Offshoring is associated with a statistically significant shift towards more...
Persistent link: https://www.econbiz.de/10004964424
total factor productivity (TFP) and static measures of capital misallocation within a country. Using data on 5 … between productivity volatility and the dispersion of the marginal revenue product of capital (static capital misallocation … replicate the observed relationship between static misallocation and volatility observed in the data. We find that sixty …
Persistent link: https://www.econbiz.de/10009150947
We analyze the role of optimal income taxation across different local labor markets. Should labor in large cities be taxed differently than in small cities? We find that a planner who needs to raise revenue and is constrained by free mobility of labor across cities does not choose equal taxes...
Persistent link: https://www.econbiz.de/10011145397
This paper studies the aggregate economic effects of diversity policies such as affirmative action in college admission. If agents are constrained in the side payments they can make, the free market allocation displays excessive segregation relative to the first-best. Affirmative action policies...
Persistent link: https://www.econbiz.de/10011145471
The investment decisions of small-scale farmers in developing countries are conditioned by their financial environment. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We conducted several experiments in northern Ghana in...
Persistent link: https://www.econbiz.de/10011083318
We study capital misallocation within and across 10 African countries using the World Bank Enterprise Surveys. First …, we compare the extent of misallocation among firms within countries. We document high variation in firms' marginal … of property rights and the quality of the legal system help explain country-level differences in capital misallocation. …
Persistent link: https://www.econbiz.de/10011083514
frictions studied by the literature on factor misallocation. We consider hurdles to firm reorganization as one such friction and …
Persistent link: https://www.econbiz.de/10011083518
-liberalization quota allocation is not based on firm productivity. Removing this misallocation accounts for a substantial share of the …
Persistent link: https://www.econbiz.de/10011083645