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What happens when employers would like to screen their employees but only observe a subset of output? We specify a model in which heterogeneous employees respond by producing more of the observed output at the expense of the unobserved output. Though this substitution distorts output in the...
Persistent link: https://www.econbiz.de/10013334527
We use a panel of survey responses linked to administrative data in Germany to measure the depreciation of skills while … cognitive and noncognitive skills while workers remain unemployed. We find the same pattern in a panel of American workers. The …
Persistent link: https://www.econbiz.de/10014250138
flattening returns to cognitive skills and growing returns to non-cognitive, "higher-order" skills such as teamwork. To …
Persistent link: https://www.econbiz.de/10014247921
young adulthood. Third, we know how to build foundational skills such as literacy and numeracy, and resources are often the … main constraint. Fourth, higher-order skills such as problem-solving and teamwork are increasingly valuable, and the … technology for producing these skills is not well-understood. We know that investment in education works and that skills matter …
Persistent link: https://www.econbiz.de/10013334368
How worker productivity evolves with tenure and experience is central to economics, shaping, for example, life-cycle earnings and the losses from involuntary job separation. Yet, worker-level productivity is hard to identify from observational data. This paper introduces direct measurement of...
Persistent link: https://www.econbiz.de/10013361996
net zero goals are to be met, developing complementary technologies and skills will be a necessary part of the next wave … integration of intermittent renewables, and human capital, to develop the skills workers need for a low-carbon economy. We … we show how a task approach to labor informs policy and research on the worker skills needed for the energy transition …
Persistent link: https://www.econbiz.de/10013361997
This paper compares the careers of Ivy League athletes to those of their non-athlete classmates. Combining team-level information on all Ivy League athletes from 1970 to 2021 with resume data for all Ivy League graduates, we examine both post-graduate education and career choices as well as...
Persistent link: https://www.econbiz.de/10014421178
Licensed workers could be shielded from unemployment during recession since occupational licensing laws are asymmetric--making unlicensed workers an illegal substitute for licensed workers but not the reverse. We test our hypothesis using a difference-in-differences event study research design...
Persistent link: https://www.econbiz.de/10014544764
How do college students and postsecondary institutions react to changes in skill demand in the U.S. labor market? We quantify the magnitude and nature of response in the 4-year sector using a new measure of labor demand at the institution-major level that combines online job ads with geographic...
Persistent link: https://www.econbiz.de/10014337805
the Occupational Information Network. We partition skills into four groups based on two dimensions of task requirements … unionized jobs have changed to require more non-routine, cognitive skills and for women, less routine/manual skills. Union, non … also relatively more routine skills. We decompose these skill changes into: (1) changes in skills within an occupation, (2 …
Persistent link: https://www.econbiz.de/10014337809