Showing 1 - 10 of 194
promotion? Despite the importance of mismatch for the labor market, self-selection into jobs has made estimating these effects …
Persistent link: https://www.econbiz.de/10015455592
In standard promotion tournaments, contestants are ranked based on their output or productivity. We argue that workers …
Persistent link: https://www.econbiz.de/10014319662
vehicle of analysis is a promotion-signaling model in which wages are realistically determined by market forces. We find that … overconfident workers exert more effort to be promoted, and even though they have lower expected ability conditional on promotion …
Persistent link: https://www.econbiz.de/10014249676
We examine gender gaps in career dynamics in the legal sector using rich panel data from one of the largest global law firms in the world. The law firm studied is representative of multinational law firms and operates in 23 countries. The sample includes countries at different stages of...
Persistent link: https://www.econbiz.de/10012211114
Who will gain and who will lose as AI automates tasks? While much of the discourse focuses on job displacement, we show that job transformation - a shift in the task content of jobs - creates large and heterogeneous earnings effects. We develop a quantitative, task-based model where occupations...
Persistent link: https://www.econbiz.de/10015453843
Generative AI (GenAI) and Large Language Models (LLMs) are moving into domains once seen as uniquely human—reasoning, synthesis, abstraction, and rhetoric. Addressed to labor economists and informed readers, this paper clarifies what is truly new about LLMs, what is not, and why it matters....
Persistent link: https://www.econbiz.de/10015448729
Did recent technological change, in the form of automation, affect immigration policy in the United States? I argue that as automation shifted employment from routine to manual occupations at the bottom end of the skill distribution, it increased competition between natives and immigrants,...
Persistent link: https://www.econbiz.de/10012622550
This paper investigates the effects of technological and organizational change (T&O) on jobs and workers. We show that although T&O reduces firm demand for routine relative to abstract task-based jobs, affected workers do not face higher probability of non-employment or lower earnings growth...
Persistent link: https://www.econbiz.de/10013463645
We study how technology adoption and changes in global value chain (GVC) integration jointly affect labor shares and business function specialization in a sample of 14 manufacturing industries in 14 European countries in 1999-2011. Our main contribution is to highlight the indirect effect of...
Persistent link: https://www.econbiz.de/10013549118
In this paper, we show the causal influence of the launch of generative AI in the form of ChatGPT on the search behavior of young people for apprenticeship vacancies. There is a strong and long-lasting decline in the intensity of searches for vacancies, which suggests great uncertainty among the...
Persistent link: https://www.econbiz.de/10014444041