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, and counterparty location of funding—and the extent of financial stress experienced in different countries and sectors … during the sharp risk-off shock in early 2020 when Covid-19 spread globally. We measure financial stress using a new dataset …-sector-time panels to assess how different funding structures are related to financial stress. A higher share of funding from non …
Persistent link: https://www.econbiz.de/10014348263
With a large nationwide retailer, we run a natural field experiment to measure the effects of energy use information disclosure, customer rebates, and sales agent incentives on demand for energy efficient durable goods. While a combination of large rebates plus sales incentives substantially...
Persistent link: https://www.econbiz.de/10013055494
Sales agents are impatient relative to owners. If a good fails to sell, the owner still retains possession of that good and can enjoy its services, whereas the agent receives nothing. As a consequence, sales agents prefer a lower price than does an owner. Owners are therefore reluctant to...
Persistent link: https://www.econbiz.de/10013046598
We show that task juggling, i.e., the spreading of effort across too many active projects, decreases the performance of workers, raising the chances of low throughput, long duration of projects and exploding backlogs. Individual speed of job completion cannot be explained only in terms of...
Persistent link: https://www.econbiz.de/10013132617
In this handbook of labor economics chapter we examine the relationship between Human Resource Management (HRM) and productivity. HRM includes incentive pay (individual and group) as well as many non-pay aspects of the employment relationship such as matching (hiring and firing) and work...
Persistent link: https://www.econbiz.de/10013069842
Evaluating the economic impact of "social distancing" measures taken to arrest the spread of COVID-19 raises a fundamental question about the modern economy: how many jobs can be performed at home? We classify the feasibility of working at home for all occupations and merge this classification...
Persistent link: https://www.econbiz.de/10012837800
We explore workers' valuation of job flexibility, using a field experiment conducted on a Chinese job board. Our experimental job ads differ randomly in offering jobs that are flexible regarding when one works (time flexibility) or where one works (place flexibility), and offering different...
Persistent link: https://www.econbiz.de/10012895490
We explore the impact of COVID-19 on employee's digital communication patterns through an event study of lockdowns in 16 large metropolitan areas in North America, Europe and the Middle East. Using de- identified, aggregated meeting and email meta-data from 3,143,270 users, we find, compared to...
Persistent link: https://www.econbiz.de/10012826643
While workplace flexibility is perceived to be a key determinant of maternal labor supply, less is known about fathers' demand for flexibility or about intra-household spillover effects of flexibility initiatives. This paper examines these issues in the context of a critical period in family...
Persistent link: https://www.econbiz.de/10012869232
History suggests that dismal prophecies regarding the impact of great technological advances rarely come to pass. Yet, as many occupations will indeed vanish with the advent of AI as the new General Purpose Technology (GPT), we should search for ways to ameliorate the detrimental effects of AI,...
Persistent link: https://www.econbiz.de/10012929011