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information sources. Exploratory analysis, however, revealed interesting effects related to self-reported gambling frequency …-reported gambling frequency was stronger for females. Decision modeling found a decreased weight placed on new evidence (over base rate … frequency of gambling to worse performance in the critical probability assessment skills that should benefit gambling success (i …
Persistent link: https://www.econbiz.de/10014346673
Are people prone to selecting occupations with highly skewed income distributions despite minuscule chances of success? Assembling a comprehensive pool of potential teenage entrants into professional tennis (a typical winner-take-all market), we construct objective measures of relative ability...
Persistent link: https://www.econbiz.de/10012894561
The H-1B program allows firms in the United States to temporarily hire high-skilled foreign citizens. H-1B workers are highly concentrated among a small number of firms. We develop a theoretical model demonstrating that this phenomenon is an artifact of policy design: When the government...
Persistent link: https://www.econbiz.de/10013314927
We study the productivity effect of the German national minimum wage by applying administrative firm data. At the firm … level, we confirm positive effects on wages and negative employment effects and document higher productivity even net of … minimum wage increased aggregate productivity in manufacturing. We do not find that employment reallocation across firms …
Persistent link: https://www.econbiz.de/10014350440
We argue that skill-biased technological change not only affects wage gaps between skill groups, but also increases wage inequality within skill groups, across workers in different workplaces. Building on a heterogeneous firm framework with labor market frictions, we show that an industry-wide...
Persistent link: https://www.econbiz.de/10014357939
. Spillovers from FDI are identified by comparing changes in total factor productivity (TFP) among domestic plants in districts …
Persistent link: https://www.econbiz.de/10012829230
Can the existence of positive productivity spillovers between co-workers be explained by the presence of …
Persistent link: https://www.econbiz.de/10012870242
The fall of labor's share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain. Existing empirical assessments of trends in labor's share typically have relied on industry or macro data, obscuring heterogeneity among firms. In...
Persistent link: https://www.econbiz.de/10012956029
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10013039087
We determine workforce composition and wages in firms in the presence of productivity spill-overs between co …
Persistent link: https://www.econbiz.de/10013046649