Found 205 article(s) in category 'Q1: Jobs?'

The Analytics of the Wage Effect of Immigration

The Analytics of the Wage Effect of Immigration. George Borjas, November 2013, Paper. “The theory of factor demand has important implications for the study of the impact of immigration on wages. This paper derives the theoretical implications in the context of a general equilibrium model where the wage impact depends on the elasticity of product demand, the rate at which the consumer base expands as immigrants enter the receiving country, the elasticity of supply of capital, and the elasticity of substitution among inputs of production. The constraints imposed by the theory can be used to check…” May require purchase or user account. Link

Tags: , ,

The Perils of Premature Deindustrialization

The Perils of Premature Deindustrialization. Dani Rodrik, October 11, 2013, Opinion. “Most of today’s advanced economies became what they are by traveling the well-worn path of industrialization. A progression of manufacturing industries – textiles, steel, automobiles – emerged from the ashes of the traditional craft and guild systems, transforming agrarian societies into urban ones. Peasants became factory workers, a process that underpinned not only an unprecedented rise in economic productivity, but also a wholesale revolution in social and political organization. The labor movement led to mass politics…” Link verified June 19, 2014

Tags: , , ,

The Perception of Social Security Incentives for Labor Supply and Retirement: The Median Voter Knows More Than You’d Think

The Perception of Social Security Incentives for Labor Supply and Retirement: The Median Voter Knows More Than You’d Think. Jeffrey Liebman, October 2, 2013, Paper. “The degree to which the Social Security tax distorts labor supply depends on the extent to which individuals perceive the link between current earnings and future Social Security benefits. Some Social Security reform plans have been motivated by an assumption that workers fail to perceive this link and that increasing the salience of the link could result in significant efficiency gains. To measure the perceived linkage between labor supply and Social…” Link

Tags: , ,

US Employment Deindustrialization: Insights from History and the International Experience.

US Employment Deindustrialization: Insights from History and the International Experience. Robert Lawrence, October 2013, Paper. “International factors, such as the dramatic increase in imports from emerging-market economies, especially China, have been widely blamed for the decline in manufacturing employment in the United States over the past decade. The authors argue, however, that far more important in causing that decline has been the slow overall growth in US employment and powerful historical forces that have affected all advanced economies: a combination of rapid productivity growth and demand that is relatively unresponsive to income growth and lower prices. To be sure, US manufacturing employment can grow in the short run. The labor content of the US manufacturing trade deficit remains significant and a vigorous US and global economic recovery could boost US manufacturing employment. Over the long run, however, absent new product innovations, or a shift in consumer preferences, the basic forces leading to declining manufacturing employment are unlikely to abate…” Link verified June 19, 2014

Tags: , ,

Spurring Innovation Through Competitions

Spurring Innovation Through Competitions. Alan MacCormack, Fall 2013, Paper. “Alan MacCormack, Fiona Murray, and Erika Wagner examine the phenomenon of corporations using innovation contests. They write: “Companies are searching for better ways to identify and exploit novel solutions. Increasingly, they are discovering that many of the very best ideas lie outside their organizations, in an ecosystem of potential innovators who possess wide-ranging skills and knowledge.”….” Link

Tags: , ,

Diasporas and Outsourcing: Evidence from oDesk and India

Diasporas and Outsourcing: Evidence from oDesk and India. William R. Kerr, August 26, 2013, Paper. “This study examines the role of the Indian diaspora in the outsourcing of work to India. Our data are taken from oDesk, the world’s largest online platform for outsourced contracts, where India is the largest country in terms of contract volume. We use an ethnic name procedure to identify ethnic Indian users of oDesk in other countries around the world. We find very clear evidence that diaspora-based links matter on oDesk, with ethnic Indians in other countries 32% (9 percentage points) more likely to choose a worker in India..” Link Verified October 11, 2014

Tags: , , , , , , , , , , , , , ,

Crumbling American Dreams

Crumbling American Dreams. Robert D. Putnam, August 3, 2013, Opinion. “My hometown — Port Clinton, Ohio, population 6,050 — was in the 1950s a passable embodiment of the American dream, a place that offered decent opportunity for the children of bankers and factory workers alike. But a half-century later, wealthy kids park BMW convertibles in the Port Clinton High School lot next to decrepit “junkers” in which homeless classmates live. The American dream has morphed into a split-screen American nightmare. And the story of this small town, and…” Link verified October 6, 2014

Tags: , , ,

U.S. High-Skilled Immigration, Innovation, and Entrepreneurship: Empirical Approaches and Evidence

U.S. High-Skilled Immigration, Innovation, and Entrepreneurship: Empirical Approaches and Evidence. William R. Kerr, August 2013, Paper. “High-skilled immigrants are a very important component of U.S. innovation and entrepreneurship. Immigrants account for roughly a quarter of U.S. workers in these fields, and they have a similar contribution in terms of output measures like patents or firm starts. This contribution has been rapidly growing over the last three decades…” Link Verified October 12, 2014

Tags: , , , , , , ,

The Logic of the Informal Economy

The Logic of the Informal Economy. Ricardo Hausmann, June 19, 2013, Opinion. “A specter is haunting the world’s developing countries – the specter of the “informal” economy. For some, the informal sector includes all businesses that have not been registered with the authorities. For others, it refers to businesses that escape taxation. The International Labor Organization defines it as comprising firms that are small enough to fall outside the labor code. Whatever the definition, what has concerned many economists and gained policymakers’ attention is that the size distribution of firms in developing countries has a long tail…” Link

Tags: , , ,