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Adjusting Labor Along The Intensive Margins

Hamermesh, Daniel S.; Biddle, Jeff - National Bureau of Economic Research - 2024

We expand the analysis of cyclical changes in labor demand by decomposing changes along the intensive margin into those in days/week and in hours/day. Using large cross sections of U.S. data, 1985-2018, we observe around 1/4 of the adjustment in weekly hours occurring through changing days/week....

Persistent link: https://www.econbiz.de/10014635715

Automation and Polarization

Acemoglu, Daron; Loebbing, Jonas - National Bureau of Economic Research - 2022

skill premium above a skill threshold and reduces the skill premium below this threshold. Moreover, automation tends to … increases in capital productivity ultimately induce a transition to low-skill automation and qualitatively alter the effects of … automation - thereafter inducing monotone increases in skill premia rather than wage polarization …

Persistent link: https://www.econbiz.de/10013388884

The Race Between Education, Technology, and Institutions

Vogel, Jonathan - National Bureau of Economic Research - 2022

I generalize the canonical model--in which relative supply and demand for worker skills shape the skill premium …

Persistent link: https://www.econbiz.de/10013334528

Foreign ownership and employment growth in Indonesian manufacturing

Lipsey, Robert E.; Sjöholm, Fredrik; Sun, Jing - 2010

Many developing countries would like to increase the share of modern or formal sectors in their employment. One way to accomplish this goal may be to encourage the entrance of foreign firms. They are typically relatively large, with high productivity and good access to foreign markets, and might...

Persistent link: https://www.econbiz.de/10003954453

Local Shocks and Internal Migration : The Disparate Effects of Robots and Chinese Imports in the US

Faber, Marius; Sarto, Andrés P.; Tabellini, Marco - National Bureau of Economic Research - 2022

Migration is a key mechanism through which local labor markets adjust to economic shocks. In this paper, we analyze the migration response of American workers to two of the most important shocks that hit US manufacturing since the 1990s: Chinese import competition and the introduction of...

Persistent link: https://www.econbiz.de/10013210076

When Protectionism Kills Talent

Canayaz, Mehmet I.; Erel, Isil; Gurun, Umit G. - National Bureau of Economic Research - 2024

We examine the repercussions of protectionist policies implemented in the United States since 2018 on the composition of workforce and career choices within the semiconductor industry. We find that the shift towards protectionism, aimed at reviving domestic manufacturing and employment,...

Persistent link: https://www.econbiz.de/10014544744

Labor Market Tightness and Union Activity

Pezold, Chantal; Jäger, Simon; Nüß, Patrick - National Bureau of Economic Research - 2023

We study how labor market conditions affect unionization decisions. Tight labor markets might spur unionization, e.g., by reducing the threat of unemployment after management opposition or employer retaliation in response to a unionization attempt. Tightness might also weaken unionization by...

Persistent link: https://www.econbiz.de/10014447309

Where Have All the Workers Gone? Recalls, Retirements, and Reallocation in the COVID Recovery

Forsythe, Eliza; Kahn, Lisa B.; Lange, Fabian; Wiczer, … - National Bureau of Economic Research - 2022

At the onset of the COVID pandemic, the U.S. economy suddenly and swiftly lost 20 million jobs. Over the next two years, the economy has been on the recovery path. We assess the labor market two years into the COVID crisis. We show that early employment dynamics were almost entirely driven by...

Persistent link: https://www.econbiz.de/10013362041

Labor Market Externalities of Pre-retirement Employment Protection

Chrostek, Paweł; Karbownik, Krzysztof; Myck, Michał - National Bureau of Economic Research - 2024

Using population-level administrative data, we study labor market externalities stemming from age-specific employment protection legislation (EPL) targeted towards older workers. Our results show no economically meaningful overall effects of the EPL on employment or earnings of either men or...

Persistent link: https://www.econbiz.de/10014528410

Learning from Ricardo and Thompson : Machinery and Labor in the Early Industrial Revolution, and in the Age of AI

Acemoglu, Daron; Johnson, Simon - National Bureau of Economic Research - 2024

David Ricardo initially believed machinery would help workers but revised his opinion, likely based on the impact of automation in the textile industry. Despite cotton textiles becoming one of the largest sectors in the British economy, real wages for cotton weavers did not rise for decades. As...

Persistent link: https://www.econbiz.de/10014544695

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