-
作者：Cederlof, Jonas; Fredriksson, Peter; Nekoei, Arash; Seim, David
作者单位：Uppsala University; Stockholm University; Stockholm University
-
作者：Autor, David; Chin, Caroline; Salomons, Anna; Seegmiller, Bryan
作者单位：Massachusetts Institute of Technology (MIT); National Bureau of Economic Research; Utrecht University; Northwestern University
摘要：We answer three core questions about the hypothesized role of newly emerging job categories (new work) in counterbalancing the erosive effect of task-displacing automation on labor demand: what is the substantive content of new work, where does it come from, and what effect does it have on labor demand? We construct a novel database spanning eight decades of new job titles linked to U.S. Census microdata and to patent-based measures of occupations' exposure to labor-augmenting and labor-automa...
-
作者：Bernstein, Asaf; Koudijs, Peter
作者单位：University of Colorado System; University of Colorado Boulder; National Bureau of Economic Research; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要：In 2013, the Dutch government mandated that new conforming mortgages must fully amortize. Within a difference-in-differences design, we estimate that the marginal wealth accumulation from amortization is close to one, even five years later. Households purchasing after the reform primarily cut consumption and leisure over other savings, leading to a rise in wealth. This holds if we use life events to instrument for the timing of home purchase. Estimates are similar for seemingly unconstrained h...
-
作者：Hortacsu, Ali; Natan, Olivia R.; Parsley, Hayden; Schwieg, Timothy; Williams, Kevin R.
作者单位：University of Chicago; National Bureau of Economic Research; University of California System; University of California Berkeley; University of Texas System; University of Texas Austin; Yale University
摘要：Firms facing complex objectives often decompose the problems they face, delegating different parts of the decision to distinct subunits. Using comprehensive data and internal models from a large U.S. airline, we establish that airline pricing is not well approximated by a model of the firm as a unitary decision maker. We show that observed prices, however, can be rationalized by accounting for organizational structure and for the decisions by departments that are tasked with supplying inputs t...
-
作者：Derenoncourt, Ellora; Kim, Chi Hyun; Kuhn, Moritz; Schularick, Moritz
作者单位：Princeton University; University of Bonn; University of Mannheim; Leibniz Association; Institut fur Weltwirtschaft an der Universitat Kiel (IFW)
摘要：The racial wealth gap is the largest of the economic disparities between Black and white Americans, with a white-to-Black per capita wealth ratio of 6 to 1. It is also among the most persistent. In this article, we construct the first continuous series on white-to-Black per capita wealth ratios from 1860 to 2020, drawing on historical census data, early state tax records, and historical waves of the Survey of Consumer Finances, among other sources. Incorporating these data into a parsimonious ...
-
作者：Dix-Carneiro, Rafael; Pessoa, Joao Paulo; Reyes-Heroles, Ricardo; Traiberman, Sharon
作者单位：Duke University; National Bureau of Economic Research; Federal Reserve System - USA; Federal Reserve System Board of Governors; New York University
摘要：We argue that modeling trade imbalances is crucial for understanding transitional dynamics in response to globalization shocks. We build and estimate a general equilibrium, multicountry, multisector model of trade with two key ingredients: (i) endogenous trade imbalances arising from households' consumption and saving decisions; (ii) labor market frictions across and within sectors. We use our model to perform several empirical exercises. We find that the China shock accounted for 28% of the d...
-
作者：Donovan, Kevin; Lu, Will Jianyu; Schoellman, Todd
作者单位：Yale University; Central Bank of Chile; Federal Reserve System - USA; Federal Reserve Bank - Minneapolis
摘要：We provide new evidence on how labor market dynamics vary with development. We build a new data set consisting of harmonized microdata from rotating panel labor force surveys covering 80 million people from 49 countries. Labor market flows, such as the job-finding or employment exit rate, are higher in developing economies. These higher flows largely reflect a slippery job ladder: workers transition frequently to and from marginal employment without climbing to or persisting in better-paying j...
-
作者：Finlay, Keith; Mueller-Smith, Michael; Street, Brittany
作者单位：University of Michigan System; University of Michigan; University of Missouri System; University of Missouri Columbia
摘要：Children's indirect exposure to the justice system through biological parents or coresident adults is both a marker of their own vulnerability and a measure of the justice system's expansive reach in society. Estimating the size of this population for the United States has historically been hampered by inadequate data resources, including the inability to observe nonincarceration events, follow children throughout their childhood, and measure adult nonbiological parent cohabitants. To overcome...
-
作者：Adams-Prassl, Abi; Huttunen, Kristiina; Nix, Emily; Zhang, Ning
作者单位：University of Oxford; Aalto University; University of Southern California; Chinese University of Hong Kong
摘要：We link every police report in Finland to administrative data to identify violence between colleagues and the economic consequences for victims, perpetrators, and firms. This new approach to observe when one colleague attacks another overcomes previous data constraints limiting evidence on this phenomenon to self-reported surveys that do not identify perpetrators. We document large, persistent labor market effects of between-colleague violence on victims and perpetrators. Male perpetrators exp...
-
作者：Cortes, Patricia; Pan, Jessica; Pilossoph, Laura; Reuben, Ernesto; Zafar, Basit
作者单位：Boston University; National Bureau of Economic Research; National University of Singapore; IZA Institute Labor Economics; Centre for Economic Policy Research - UK; Duke University; New York University; New York University Abu Dhabi; University of Michigan System; University of Michigan
摘要：This article investigates gender differences in the job search process in the field and lab. Our analysis is based on rich information on initial job offers and acceptances from undergraduates of Boston University's Questrom School of Business. We find (i) a clear gender difference in the timing of job offer acceptance, with women accepting jobs substantially earlier than men, and (ii) a sizable gender earnings gap in accepted offers, which narrows in favor of women over the course of the job ...
