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Self-Employment Within the Firm
Bassi, Vittorio; Lee, Jay; Peter, Alessandra; Porzio, … - National Bureau of Economic Research - 2023
We collect time-use data for entrepreneurs and their workers in over 1,000 manufacturing firms in urban Uganda. We document limited labor specialization within the firm for establishments of all sizes and argue that this is likely due to the prevalence of product customization. We then develop a...
Persistent link: https://www.econbiz.de/10014372497
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Trade policy, income risk, and welfare
Krebs, Tom - 2005
"This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and … three steps. First, longitudinal data on workers are used to estimate time-varying individual income risk parameters in … various manufacturing sectors. Second, the estimated income risk parameters and data on trade barriers are used to analyze the …
Persistent link: https://www.econbiz.de/10010522578
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Manufactured Inequality
Rosen, Sherwin - 1996
Many discrete life choices--where to live, what kind of job to hold, and consumption lifestyle--are stratified by income. Stratification and sorting often manifest state-dependent preferences in which the marginal utility of income (consumption) depends on the outcome of prior choices. For...
Persistent link: https://www.econbiz.de/10012472982
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Business-Level Expectations and Uncertainty
Bloom, Nicholas - 2020
those outcomes. This subjective uncertainty measure correlates positively with financial risk measures. Drawing on the …
Persistent link: https://www.econbiz.de/10012482478
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Uncertainty and Investment Dynamics
Bloom, Nick - 2006
This paper shows that, with (partial) irreversibility, higher uncertainty reduces the impact effect of demand shocks on investment. Uncertainty increases real option values making firms more cautious when investing or disinvesting. This is confirmed both numerically for a model with a rich mix...
Persistent link: https://www.econbiz.de/10012466282
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Trade Policy, Income Risk, and Welfare
Krebs, Tom - 2005
This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and … three steps. First, longitudinal data on workers are used to estimate time-varying individual income risk parameters in … various manufacturing sectors. Second, the estimated income risk parameters and data on trade barriers are used to analyze the …
Persistent link: https://www.econbiz.de/10012467430
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Unemployment Risk and Compensating Differential in Late-Nineteenth Century New Jersey Manufacturing
Averett, Susan - 2003
In this paper we test for the existence of compensating differentials for unemployment risk in an era before …
Persistent link: https://www.econbiz.de/10012468720
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Microeconomic Uncertainty, International Trade, and Aggregate Fluctuations
Alessandria, George - 2014
The extent and direction of causation between micro volatility and business cycles are debated. We examine, empirically and theoretically, the source and effects of fluctuations in the dispersion of producer- level sales and production over the business cycle. On the theoretical side, we study...
Persistent link: https://www.econbiz.de/10012458049
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Research and/or Development? Financial Frictions and Innovation Investment
Mezzanotti, Filippo; Simcoe, Timothy S. - National Bureau of Economic Research - 2023
Abstract U.S. firms have reduced their investment in scientific research ("R") compared to product development ("D"), raising questions about the returns to each type of investment, and about the reasons for this shift. We use Census data that disaggregates "R" from "D" to study how US firms...
Persistent link: https://www.econbiz.de/10014337755
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Can Socially-Minded Governance Control the AGI Beast?
Gans, Joshua - National Bureau of Economic Research - 2023
This paper robustly concludes that it cannot. A model is constructed under idealised conditions that presume the risks associated with artificial general intelligence (AGI) are real, that safe AGI products are possible, and that there exist socially-minded funders who are interested in funding...
Persistent link: https://www.econbiz.de/10014437055