The distribution of total work in the EU and USA / Michael C. Burda, Daniel S. Hamermesh, and Philippe Weil -- Comments / Alberto Alesina, Christopher Pissarides -- Labor market effects of work-sharing arrangements in Europe / Francis Kramarz, Pierre Cahuc, Bruno Crépon, Oskar Nordström Skans,...

We analyse the effect of overconfidence in a model of team-production with effort complementarities. We show that overconfidence may not only enhance an overconfident agent's effort but also that of a rational one. Focusing the agents' payoffs we see that this increase in effort can be to the...

"None of us has ever lived through a genuine industrial revolution. Until now. Digital technology is transforming every corner of the economy, fundamentally altering the way things are done, who does them, and what they earn for their efforts. In The Wealth of Humans, Economist editor Ryan Avent...