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A product market theory of worker training

Gersbach, Hans; Schmutzler, Armin - 2004 - revised: February 2004

We develop a product market theory that explains why firms invest in general training of their workers. We consider a model where firms first decide whether to invest in general human capital, then make wage offers for each others' trained employees and finally engage in imperfect product market...

Persistent link: https://www.econbiz.de/10011402873

Intangible investment and technical efficiency : the case of software-intensive manufacturing firms in Turkey

Findik, Derya; Tansel, Aysıt - 2015

This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component … technical efficiency in the software intensive manufacturing firms in Turkey for the period 2003-2007. Firms are classified … differentials in their firm efficiency. The results show that the effect of software investment on firm efficiency is larger in high …

Persistent link: https://www.econbiz.de/10011309152

What are over-the-road truckers paid for? : evidence from an exogenous regulatory change on the role of social comparisons and work organization in wage determination

Burks, Stephen V.; Guy, Frederick - 2012

relevant theoretical explanations: payment for cognitive abilities or non-pecuniary disamenities; standard efficiency wage …

Persistent link: https://www.econbiz.de/10009532078

Has Uber made it easier to get a ride in the rain?

Brodeur, Abel; Nield, Kerry - 2016

In New York City (NYC), it has been a common complaint that it is difficult to find a taxi in the rain. Using all Uber rides in NYC from April to September 2014 and January to June 2015, we show that the number of Uber rides is significantly correlated with whether it rained. The number of Uber...

Persistent link: https://www.econbiz.de/10011486475

Nowcasting business cycles using toll data

Askitas, Nikos; Zimmermann, Klaus F. - 2011

Nowcasting has been a challenge in the recent economic crisis. We introduce the Toll Index, a new monthly indicator for business cycle forecasting and demonstrate its relevance using German data. The index measures the monthly transportation activity performed by heavy transport vehicles across...

Persistent link: https://www.econbiz.de/10009232581

Green infrastructure and air pollution: evidence from highways connecting two megacities in China

Yu, Bo; Tran, Trang My; Lee, Wang-Sheng - 2021

Following market liberalisation, the vehicle population in China has increased dramatically over the past few decades. This paper examines the causal impact of the opening of a heavily used high speed rail line connecting two megacities in China in 2015, Chengdu and Chongqing, on air pollution....

Persistent link: https://www.econbiz.de/10012705682

The value of hiring through referrals

Burks, Stephen V.; Cowgill, Bo; Hoffman, Mitchell; … - 2013

Employee referrals are a very common means by which firms hire new workers. Past work suggests that workers hired via referrals often perform better than non-referred workers, but we have little understanding as to why. In this paper, we demonstrate that this is primarily because referrals allow...

Persistent link: https://www.econbiz.de/10009740343

Wage inequality of US truck drivers

Monaco, Kristen A.; Habermalz, Steffen - 2011

Using CPS data for the period 1979-2009, the wage dispersion of truck drivers (and subsets of the truck driving sample) is compared to the trends in wage dispersion of males economy-wide. We find that truckers' wages experienced a decrease in inequality post-deregulation, as expected given the...

Persistent link: https://www.econbiz.de/10009125036

AI, skill, and productivity : the case of taxi drivers

Kanazawa, Kyogo; Kawaguchi, Daiji; Shigeoka, Hitoshi; … - 2022

We examine the impact of Articial Intelligence (AI) on productivity in the context of taxi drivers. The AI we study assists drivers with finding customers by suggesting routes along which the demand is predicted to be high. We find that AI improves drivers' productivity by shortening the...

Persistent link: https://www.econbiz.de/10013433210

State-level trucking employment and the COVID-19 pandemic in the U.S : understanding heterogenous declines and rebounds

Phares, Jonathan; Miller, Jason; Burks, Stephen V. - 2023

Some of the U.S. states saw sharper declines in truck transportation payrolls at the onset of the COVID-19 shutdown, and others displayed differing trajectories in the rebound of truck transportation payrolls during the economic recovery. Analyzing why provides theoretical and practical insights...

Persistent link: https://www.econbiz.de/10014310820

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