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The rise of generative AI : modelling exposure, substitution, and inequality effects on the US labour market
Auer, Raphael A.; Köpfer, David; Švéda, Josef - 2024
How exposed is the labour market to ever-advancing AI capabilities, to what extent does this substitute human labour, and how will it affect inequality? We address these questions in a simulation of 711 US occupations classified by the importance and level of cognitive skills. We base our...
Persistent link: https://www.econbiz.de/10015077845
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Wage and employment determination in volatile times : Sweden 1913-1939
Holmlund, Bertil - 2012 - This version: April 18, 2012
downward impact on wages. There is evidence that reductions in working time added to wage pressure; yet estimates of labor … hours. -- wage determination ; labor demand ; interwar labor markets …
Persistent link: https://www.econbiz.de/10009533963
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Cyclical unemployment, structural unemployment
Diamond, Peter A. - 2013
unemployment and vacancy rates and the related matching function as proxies for the functioning of the labor market and explores …
Persistent link: https://www.econbiz.de/10009707552
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Scars of recessions in a rigid labor market
Cockx, Bart; Ghirelli, Corinna - 2015
We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence … years after labor market entry. We also contribute to the literature on inference with few clusters. …
Persistent link: https://www.econbiz.de/10010491732
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Two-tier labor markets in the great recession : France vs. Spain
Bentolila, Samuel; Cahuc, Pierre; Dolado, Juan J.; Le … - 2010
labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in …
Persistent link: https://www.econbiz.de/10008757525
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The market for CEOs
Cziraki, Peter; Jenter, Dirk - 2021
We study the market for CEOs of large publicly-traded US firms, analyze new CEOs' prior connections to the hiring firm, and explore how hiring choices are determined. Firms are hiring from a surprisingly small pool of candidates. More than 80% of new CEOs are insiders, defined as current or...
Persistent link: https://www.econbiz.de/10012546976
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The dynamics of power in labor markets : monopolistic unions versus monopsonistic employers
Dodini, Samuel; Salvanes, Kjell G.; Willén, Alexander - 2021
This paper brings together the modern literatures on monopsony power and labor unions by empirically examining the … labor market concentration. We show that there is an equally steep gradient in the union wage premium over concentration and … an exogenous shock to employer concentration. This analysis suggest that the negative earnings effect of labor market …
Persistent link: https://www.econbiz.de/10012745267
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Enterprise zones, poverty, and labor market outcomes : resolving conflicting evidence
Neumark, David; Young, Timothy - 2019
report substantial poverty reductions from state and federal EZs, as well as improvements in other labor market outcomes. In … poverty and other labor market outcomes. Once we account for this selection, much of the evidence that state and federal EZs … that EZs - and especially state EZs - have for the most part been ineffective at reducing urban poverty or improving labor …
Persistent link: https://www.econbiz.de/10012050950
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Do digital skill certificates help new workers enter the market? : evidence from an online labour platform
Kässi, Otto; Lehdonvirta, Vili - 2019
We study the effects of a voluntary skill certification scheme in an online freelancing labour market. We show that obtaining skill certificates increases freelancers' earnings. This effect is not driven by increased freelancer productivity but by decreased employer uncertainty. The increase in...
Persistent link: https://www.econbiz.de/10012064584
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The turnaround of the Swedish economy : lessons from large business sector reforms
Heyman, Fredrik; Norbäck, Pehr-Johan; Persson, Lars - 2019
How can a country improve the productivity growth in its business sector and reach its growth potential? Sweden during the 1970–2010 period can serve as an example to help other countries understand how to efficiently reform a business sector. In the 1990s, Sweden implemented a reform package...
Persistent link: https://www.econbiz.de/10012002862