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of the largest on-demand labor platforms, Amazon Mechanical Turk (MTurk), by measuring the elasticity of labor supply … facing the requester (employer) using both observational and experimental variation in wages. We isolate plausibly exogenous …
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How do employers attract the right workers? How important are posted wages vs. other job characteristics? Using data … from the leading job board CareerBuilder.com, we show that most vacancies do not post wages, and, for those that do, job … elasticity of labor supply. Thus, our results uncover the previously undocumented power of words in the job matching process …
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We use a unique dataset from a Singaporean taxi fleet consisting of 6,663 drivers with 23 months of daily work routines to test if taxi drivers exhibit learning by doing (LBD). We find strong evidence of LBD. Next, we document the channels of learning: drivers learn the most through technology...
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A fundamental assumption of expected utility models is that agents make predictions by formulating rational expectations. Building on this assumption, the literature has addressed to what extent rational choice or behaviorally informed utility models best describe intertemporal substitution of...
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In this paper, we use a hypothetical choice methodology to robustly estimate preferences for workplace attributes. Undergraduate students are presented with sets of jobs that vary in their attributes (such as earnings and job hours flexibility) and asked to state their probabilistic choices. We...
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We use a hypothetical choice methodology to estimate preferences for workplace attributes and quantify how much these preferences influence pre-labor-market human capital investments. This method robustly identifies preferences for various job attributes, free from omitted variable bias and free...
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