Over the past decade, the share of jobs not controlled by the state has increased considerably, whilst employment in agriculture has declined, against the backdrop of ongoing urbanisation. Over 200 million people have been drawn into urban areas through official or unofficial migration, despite...

We estimate the effects on firm salary, return on assets, and efficiency of wrongful discharge protections adopted by U.S. state courts during 1980-1990. By examining the data of approximately 17,500 commercial banks, we find evidence that all three wrongful discharge doctrines - the public...

Will the internet, robotics and artificial intelligence mean a ‘jobless future'? A recent narrative, endorsed by prominent tech-billionaires, says we face mass unemployment, and we need a basic income. In contrast, this article shows why the law can achieve full employment with fair incomes,...

Will the internet, robotics and artificial intelligence mean a ‘jobless future'? A recent narrative, endorsed by prominent tech-billionaires, says we face mass unemployment, and we need a basic income. In contrast, this article shows why the law can achieve full employment with fair incomes,...

Employment in the temporary help supply (THS) industry more than tripled in the U.S. between 1982 and 1992. During that period, the variability and cyclical sensitivity of THS jobs, their average weekly hours and real hourly earnings were extraordinarily high. In addition, changes in temporary...

In the US almost 3 per cent of employees are absent from their job for reasons other than vacation, but are still technically employed. We argue that firms may find optimal to use temporary replacement workers to fill these vacant positions. We set up a matching model with directed search and...

In the US almost 3 per cent of employees are absent from their job for reasons other than vacation, but are still technically employed. We argue that firms may find optimal to use temporary replacement workers to fill these vacant positions. We set up a matching model with directed search and...

Traditionally, the impacts of the rights of financial institutions and workers on corporate performance have been analyzed independently. Yet, theory clearly indicates that the combination of relative powers of different stakeholders affects a firm overall performance. Using U.S. state level and...

Wage inequality does not fully capture differences in job quality. Jobs also differ along other key dimensions, including the prevalence of labor rights violations. We construct novel measures of labor violation rates using data from federal agencies. Within local industries over time, a 10%...

The United States is currently trying to manage a fast-moving public health crisis due to the coronavirus outbreak (COVID-19). The economic and financial ramifications of the outbreak are serious. This Working Paper discusses these ramifications and identifies three interrelated but potentially...