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Heterogeneous Technology Diffusion and Ricardian Trade Patterns

Kerr, William R. - 2014

This study tests the importance of Ricardian technology differences for international trade. The empirical analysis has three comparative advantages: including emerging and advanced economies, isolating panel variation regarding the link between productivity and exports, and exploiting...

Persistent link: https://www.econbiz.de/10013062080

Aging and Productivity, Rationality and Matching : Evidence from Economists

Hamermesh, Daniel S. - 2021

Economists' productivity, as measured by publication in leading journals, declines very sharply with age. Additional evidence shows that this is a rational response to economic incentives and/or changing physical or mental abilities: There is no difference by age in the probability that an...

Persistent link: https://www.econbiz.de/10013225931

Sorting between and within Industries : A Testable Model of Assortative Matching

Abowd, John M. - 2014

We test for sorting of workers between and within industrial sectors in a directed search model with coordination frictions. We fit the model to sector-specific vacancy and output data along with publicly-available statistics that characterize the distribution of worker and employer wage...

Persistent link: https://www.econbiz.de/10013047408

Multidimensional Skill Mismatch

Guvenen, Fatih - 2015

-occupation match? To help answer questions like these, we propose an empirical measure of multidimensional skill mismatch, which is … mismatch depress wage growth in the current occupation, it also leaves a scarring effect—by stunting skill acquisition …—that reduces wages in future occupations. Mismatch also predicts different aspects of occupational switching behavior. We construct …

Persistent link: https://www.econbiz.de/10013019128

Overconfidence and Occupational Choice

Lazear, Edward P. - 2016

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

Innovation and Production in the Global Economy

Arkolakis, Costas - 2015

The decline in the costs of multinational production (MP) has led some countries to specialize in innovation and others to specialize in production. To study the aggregate and distributional implications of this phenomenon, we develop a quantifiable general equilibrium model of trade and MP....

Persistent link: https://www.econbiz.de/10013035693

The 'Pupil' Factory : Specialization and the Production of Human Capital in Schools

Fryer, Roland G. <Jr.> - 2016

Starting in the 2013-2014 school year, I conducted a randomized field experiment in fifty traditional public elementary schools in Houston, Texas designed to test the potential productivity benefits of teacher specialization in schools. Treatment schools altered their schedules to have teachers...

Persistent link: https://www.econbiz.de/10012993233

What Should I Be When I Grow Up? Occupations and Unemployment Over the Life Cycle

Gervais, Martin - 2014

Why is unemployment higher for younger individuals? We address this question in a frictional model of the labor market that features learning about occupational fit. In order to learn the occupation in which they are most productive, workers sample occupations over their careers. Because young...

Persistent link: https://www.econbiz.de/10013044973

Performance Pay and Productivity

Lazear, Edward P. - 2022

What happens when a firm switches from paying hourly wages to paying piece rates? The theory developed below predicts that average productivity rises, that the firm will attract a more able work force and that the variance in output across individuals at the firm will rise as well. The theory is...

Persistent link: https://www.econbiz.de/10014158607

Are Ideas Getting Harder to Find?

Bloom, Nicholas - 2017

In many growth models, economic growth arises from people creating ideas, and the long-run growth rate is the product of two terms: the effective number of researchers and their research productivity. We present a wide range of evidence from various industries, products, and firms showing that...

Persistent link: https://www.econbiz.de/10012948079