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Techies and Firm Level Productivity
Harrigan, James; Reshef, Ariell; Toubal, Farid - National Bureau of Economic Research - 2023
We study the impact of techies--engineers and other technically trained workers--on firm-level productivity. We first … structural econometric methods, we estimate the causal effect of techies on firm-level Hicks-neutral productivity in both … manufacturing and non-manufacturing industries. We find that techies raise firm-level productivity, and this effect goes beyond the …
Persistent link: https://www.econbiz.de/10014322729
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The Strange and Awful Path of Productivity in the U.S. Construction Sector
Goolsbee, Austan; Syverson, Chad - National Bureau of Economic Research - 2023
Aggregate data show a large and decades-long decline in construction sector productivity. This decline in such a large … sector has had a material effect on secular productivity growth for the economy as a whole. Prior work has focused on the … role of potential measurement problems in construction, particularly output deflators in the measurement of productivity …
Persistent link: https://www.econbiz.de/10013537739
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Perspectives on the Labor Share
Karabarbounis, Loukas - National Bureau of Economic Research - 2023
As of 2022, the share of U.S. income accruing to labor is at its lowest level since the Great Depression. Updating previous studies with more recent observations, I document the continuing decline of the labor share for the United States, other countries, and various industries. I discuss how...
Persistent link: https://www.econbiz.de/10014436985
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Polarizing Corporations : Does Talent Flow to "Good" Firms?
Colonnelli, Emanuele; McQuade, Timothy; Ramos, Gabriel; … - National Bureau of Economic Research - 2023
We conduct a field experiment in partnership with the largest job platform in Brazil to study how environmental, social, and governance (ESG) practices of firms affect talent allocation. We find both an average job-seeker's preference for ESG and a large degree of heterogeneity across...
Persistent link: https://www.econbiz.de/10014437044
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Innovation and Appropriability : Revisiting the Role of Intellectual Property
Mezzanotti, Filippo; Simcoe, Timothy S. - National Bureau of Economic Research - 2023
It is more than 25 years since the authors of the Yale and Carnegie surveys studied how firms seek to protect the rents from innovation. In this paper, we revisit that question using a nationally representative sample of firms over the period 2008-2015, with the goal of updating and extending a...
Persistent link: https://www.econbiz.de/10014322815
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The Subjective Inflation Expectations of Households and Firms : Measurement, Determinants, and Implications
Weber, Michael; D'Acunto, Francesco; Gorodnichenko, Yuriy; … - National Bureau of Economic Research - 2022
Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households' and firms' economic...
Persistent link: https://www.econbiz.de/10013210074
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Investing with the Government : A Field Experiment in China
Colonnelli, Emanuele; Li, Bo; Liu, Ernest - National Bureau of Economic Research - 2022
We study the demand for government participation in China's venture capital and private equity market. We conduct a large-scale, non-deceptive field experiment in collaboration with the leading industry service provider, through which we survey both sides of the market: the capital investors and...
Persistent link: https://www.econbiz.de/10013334380
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In-Person Schooling and Youth Suicide : Evidence from School Calendars and Pandemic School Closures
Hansen, Benjamin; Sabia, Joseph J.; Schaller, Jessamyn - National Bureau of Economic Research - 2022
This study explores the effect of in-person schooling on youth suicide. We document three key findings. First, using data from the National Vital Statistics System from 1990-2019, we document the historical association between teen suicides and the school calendar. We show that suicides among...
Persistent link: https://www.econbiz.de/10013477288
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One Says Goodbye, Another Says Hello : Turnover and Compensation in the Early Care and Education Sector
Cunha, Flávio; Lee, Marcos - National Bureau of Economic Research - 2023
The quality of the early environment children experience influences their human capital development. We investigate retention and compensation in the Early Care and Education workforce by merging datasets from three different government agencies in Texas. We employ non-structural methods to...
Persistent link: https://www.econbiz.de/10014437000
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The Impact of Comprehensive Student Support on Crime : Evidence from the Pathways to Education Program
Lavecchia, Adam; Oreopoulos, Philip; Spencer, Noah - National Bureau of Economic Research - 2024
This study finds substantial reductions to criminal activity from the introduction of a comprehensive high school support program for disadvantaged youth living in the largest public housing project in Toronto. The program, called Pathways to Education, bundles supports such as regular coaching,...
Persistent link: https://www.econbiz.de/10014468245