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profiles than jobs in the US. However, matching frictions are no more severe than in the US, and recruiting technology is …
Persistent link: https://www.econbiz.de/10014444868
We study the impact of techies-engineers and other technically trained workers-on firm-level productivity. We first …-neutral productivity in both manufacturing and non-manufacturing industries. We find that techies raise firm-level productivity, and this … of techies on productivity operates mostly through ICT and other techies, not R&D workers. Engineers have a greater …
Persistent link: https://www.econbiz.de/10014288151
firms differ in their productivities. Wages are dispersed because of search frictions and workers' productivity … worker productivity differentials, frictional wage dispersion and workers' sorting dynamics. I calibrate the model using a … important as workers' productivity differentials. Differences in firms' productivities are also an important source of wage …
Persistent link: https://www.econbiz.de/10009659316
productivity depends on their age through the build-up of labour market experience and the depreciation of human capital. We make … wisdom following an increase in longevity, depending on the corresponding change in the age-productivity profile. …
Persistent link: https://www.econbiz.de/10010528342
total factor productivity. We exploit time, country, and industry differences in the opening of EU labor markets from 2004 …
Persistent link: https://www.econbiz.de/10011781018
When workers are displaced from their jobs in mass layoffs or firm closures, they experience lasting adverse labor market consequences. We study how these consequences vary with the amount of skill mismatch that workers experience when returning to the labor market. Using novel measures of skill...
Persistent link: https://www.econbiz.de/10013177125
The process of matching between firms and workers is an important mechanism in determining the distribution of wages …. In a labor market characterised by large dispersion of workers' productivity and worker-firm complementarity, high … association of firm-worker matches known as positive assortative matching (PAM). Immigration in a local labor market, by …
Persistent link: https://www.econbiz.de/10012194409
The social and the private returns to education differ when education can increase productivity, and also be used to … signal productivity. We show how instrumental variables can be used to separately identify and estimate the social and … the life-cycle, is 7.2%. Thus, 70% of the private returns to education can be attributed to education raising productivity …
Persistent link: https://www.econbiz.de/10012162512
What happens when employers would like to screen their employees but only observe a subset of output? We specify a model in which heterogeneous employees respond by producing more of the observed output at the expense of the unobserved output. Though this substitution distorts output in the...
Persistent link: https://www.econbiz.de/10013332099
We ran a controlled laboratory experiment to examine whether ChatGPT's aid can increase the participants' performance in three different-reading and writing, mathematical problem-solving, and computational thinking-tasks. We find that the math score significantly decreases with ChatGPT's...
Persistent link: https://www.econbiz.de/10014496516