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We quantify firm heterogeneity in skill returns and present direct evidence of worker–firm complementarities. Within a … skill measures. Linking administrative data to test scores we document worker sorting and convex earnings-skill …) Workers with large endowments of a skill populate firms with higher returns to it. Sorting intensifies with the cross …
Persistent link: https://www.econbiz.de/10014442305
We examine how the forsaken schooling phenomenon in migration evolved over time in Tajikistan. After completing compulsory schooling at ages 16-17, young men in Tajikistan are forsaking professional education because of opportunities to migrate for higher paid low-skilled jobs in the Russian...
Persistent link: https://www.econbiz.de/10012243452
investment. Genuine skill constraints can negatively affect labour productivity and hamper the ability to innovate and adopt … quality jobs. For Europe at large, persistent skill gaps and mismatches come at economic and social costs. This paper reviews … the recent economic literature on skill mismatch and skill shortages with a focus on Europe a focus on Europe. …
Persistent link: https://www.econbiz.de/10012006266
We examine the phenomenon of forsaken schooling resulting from opportunities abroad. The brain-drain/gain literature takes as its starting point the migration of educated/professional labor from poor origin countries to richer host countries. While high-skilled migration is worrisome, many...
Persistent link: https://www.econbiz.de/10011972786
We introduce a new task-based framework to describe production. It focuses on the fact that certain tasks are too complex for many workers to perform. In such an environment, the relationship between wages of workers may significantly differ from their relative productivities. The labor market...
Persistent link: https://www.econbiz.de/10012138288
The present technological revolution, characterized by the pervasive and growing presence of robots, automation, Artificial Intelligence and machine learning, is going to transform societies and economic systems. However, this is not the first technological revolution humankind has been facing,...
Persistent link: https://www.econbiz.de/10012116763
The U.S. limits work visas for low-skill jobs outside of agriculture, with a binding quota that firms access via a …
Persistent link: https://www.econbiz.de/10013429412
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
demolition creates skill waste by making individuals less likely to work; while on the intensive margin, housing demolition leads …
Persistent link: https://www.econbiz.de/10013470094
Does the introduction of corporate transparency and disclosure rules in emerging economies affect compliance, and therefore earnings quality and firm performance? We explore these questions for an important emerging economy, Russia, using a natural experiment, the 2002 introduction of Russian...
Persistent link: https://www.econbiz.de/10013163548