Showing 1 - 10 of 76
The study examines US-European productivity and worker attitude differences, focusing on changes in incentive structures. We analyze productivity and worker attitudes in five plants in the UK and US belonging to the same multinational producer of automotive sensors and actuators. We examine the...
Persistent link: https://www.econbiz.de/10012465640
We propose a theory of firm dynamics in which workers have ideas for new projects that can be sold in a market to existing firms or implemented in new firms: spin-offs. Workers have private information about the quality of their ideas. Because of an adverse selection problem, workers can sell...
Persistent link: https://www.econbiz.de/10012465455
Novel early stage ideas face uncertainty on the expertise needed to elaborate them, which creates a need to circulate them widely to find a match. Yet as information is not excludable, shared ideas may be stolen, reducing incentives to innovate. Still, in idea-rich environments inventors may...
Persistent link: https://www.econbiz.de/10012461715
This paper establishes a causal effect of competition from trade liberalization on various characteristics of organizational design. We exploit a unique panel dataset on firm hierarchies (1986-1999) of large U.S. firms and find that increasing competition leads firms to become flatter, i.e., (i)...
Persistent link: https://www.econbiz.de/10012464156
Emeryville, CA's Fair Workweek Ordinance (FWO) aimed to reduce service workers' schedule unpredictability by requiring large retail and food service employers to provide advanced notice of schedules and to compensate workers for last-minute schedule changes. From a 1-in-6 sample of Emeryville...
Persistent link: https://www.econbiz.de/10012938761
This paper analyzes how computerization affected the labor market outcomes of older workers between 1984 and 2017. Using the computerization supplements of the Current Population Survey (CPS) we show that different occupations were computerized at different times, older workers tended to start...
Persistent link: https://www.econbiz.de/10012510579
We provide a comprehensive overview of codetermination, i.e., worker representation in firms' governance and management. We cover the institution's history, implementation, and the best available evidence on its economic impacts. We argue that existing quasiexperimental estimates suggest that...
Persistent link: https://www.econbiz.de/10012585405
This essay discusses several potential economic, political and social costs of the current path of AI technologies. I argue that if AI continues to be deployed along its current trajectory and remains unregulated, it may produce various social, economic and political harms. These include:...
Persistent link: https://www.econbiz.de/10012629467
We develop a theory that focuses on the general equilibrium and long-run macroeconomic consequences of trends in job utility--the process benefits and costs of work. Given secular increases in job utility, work hours per population can remain approximately constant over time even if the income...
Persistent link: https://www.econbiz.de/10012599331
This paper presents another extension of the approach initiated by Brown. As in Brown's work, the wage change specification is used to control for bias due to omitted ability data. Then, as in Duncan and Hoimlund's study, working conditions are measured using subjective self?reported data....
Persistent link: https://www.econbiz.de/10012477671