Showing 1 - 10 of 393
based on the discrepancy between the portfolio of skills required by an occupation and the portfolio of abilities possessed …What determines the earnings of a worker relative to his peers in the same occupation? What makes a worker fail in one … occupation but succeed in another? More broadly, what are the factors that determine the productivity of a worker-occupation …
Persistent link: https://www.econbiz.de/10013019128
This paper develops a framework to understand the role of interpersonal interactions in the labor market including task assignment and wages. Effective interpersonal interactions involve caring, to establish cooperation, and at the same time directness, to communicate in an unambiguous way. The...
Persistent link: https://www.econbiz.de/10012760440
This paper reports on a household survey specially designed to measure what we call the "offshorability" of jobs, defined as the ability to perform the work duties from abroad. We develop multiple measures of offshorability, using both self-reporting and professional coders. All the measures...
Persistent link: https://www.econbiz.de/10013156856
the same occupation vary greatly across countries measured by common currency exchange rates and measured by purchasing …
Persistent link: https://www.econbiz.de/10013220076
The rise in world trade since 1970 has raised international mobility of labor services. We study the effect of such a globalization of the world's labor markets. We find that when people can choose between wage work and managerial work, the output gains are U-shaped: A worldwide labor market...
Persistent link: https://www.econbiz.de/10012751700
We develop a fairly general and tractable model of investment when workers can invest in multiple skills and different … jobs put different weights on those skills. In addition to expected findings such as that younger workers are more likely … than older workers to respond to a demand shock by investing in skills whose value unexpectedly increases, we derive some …
Persistent link: https://www.econbiz.de/10012957348
that features learning about occupational fit. In order to learn the occupation in which they are most productive, workers …
Persistent link: https://www.econbiz.de/10013044973
A statistical theory of overconfidence is proposed and applied to the issue of occupational choice. Individuals who can choose whether to engage in an activity or not must estimate their performance. The estimates have error and that error has positive expectation among those who engage in the...
Persistent link: https://www.econbiz.de/10013000521
This study provides the first nation-wide analysis of the labor market implications of occupational licensing for the U.S. labor market, using data from a specially designed Gallup survey. We find that in 2006, 29 percent of the workforce was required to hold an occupational license from a...
Persistent link: https://www.econbiz.de/10012758426
Wage-hedonics is used to recover the value of a statistical life by exploiting the fact that workers choosing riskier occupations will be compensated with a higher wage. However, Roy (1951) suggests that observed wage distributions will be distorted if individuals select into jobs according to...
Persistent link: https://www.econbiz.de/10012770203