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This paper examines the labor market for mutual fund managers and managers' responses to the implicit incentives created by their career concerns. We find that managerial turnover is sensitie to a fund's recent performance. Consistent with the hypothesis that fund companies are learning about...
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Using micro-data representing over 130 million online work profiles, we explore transitions into and out of jobs most likely to be affected by a transition away from carbon-intensive production technologies. Exploiting detailed textual data on job title, firm name, occupation, and industry to...
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When worker commutes are suboptimal, quits and moves are related. Either a quit, a move, or both can achieve an optimal commute. However, with fixed costs to quitting and moving, a quit or move alone is more likely than both together. Payroll records of a firm which relocated from the central...
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