Multidimensional Heterogeneity And Matching In A Frictional Labor Market An Application To Polarization

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Multidimensional Heterogeneity and Matching in a Frictional Labor Market - An Application to Polarization

Author : Joanne Tan
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Multidimensional Heterogeneity and Matching in a Frictional Labor Market - An Application to Polarization by : Joanne Tan

Download or read book Multidimensional Heterogeneity and Matching in a Frictional Labor Market - An Application to Polarization written by Joanne Tan and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of technological change in labor market polarization has been subject to recent critique. This paper finds that changes in production technology played an important role in wage and job polarization in the US. It also demonstrates that such technological change is consistentwith the timing of labor market polarization in the US, including the stagnation of the 50/10 wage percentile ratio and the slowdown of employment growth in high-wage jobs from the 2000s. The paper does so using a model with two key ingredients: 1) directed search and 2) two-sided multi-dimensional heterogeneity. Estimation results show that the complementarity between cognitive skill and task increased while that between manual skill and task did not. The full model can fullyaccount for the rise and fall of the 90/50 and 50/10 wage percentile ratios respectively. It also generates 72.6 percent of the rise in employment share of high-paying jobs relative to middling jobs and 69 percent of the fall in employment share of middling jobs relative to low-paying jobs. The paper suggests that the stagnation of the 50/10 wage ratio may be due to rank-switching between workers across the wage distribution from the 2000s, while the slowdown of employment growthin high-wage jobs may result from the trade-off between the returns to applying for high-wage jobs and the likelihood of being hired.

Essays on Labor Economics

Author : Joanne Tan
Publisher :
ISBN 13 :
Total Pages : 194 pages
Book Rating : 4.:/5 (19 download)

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Book Synopsis Essays on Labor Economics by : Joanne Tan

Download or read book Essays on Labor Economics written by Joanne Tan and published by . This book was released on 2018 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis examines the themes of sorting, inequality and the impact of technological change on the labor market. In particular, it addresses the questions of how workers sort within and between firms and how this influences labor market inequality, both in the workforce as a while, as well as between demographic and skill groups. It also considers how changes in technology affects the labor market conditions faced by workers and firms. These questions are tackled over three chapters. The first chapter, entitled `Multidimensional heterogeneity and matching in a frictional labor market - an application to polarization' deals with the sorting of workers to firms along multidimensional characteristics and quantifies the impact of technological change on the evolution of sorting patterns, wages and employment outcomes of different skill and demographic groups. I construct a model of directed search with two-sided multidimensional heterogeneity and estimate the model on US data. I find that production complementarities between cognitive and interpersonal skills and tasks have increased, relative to hat between manual skills and manual tasks. This change in production technology accounts for a large part of wage and job polarization in the US. Also, despite being gender-blind, the model can explain a substantial fraction of the narrowing of gender wage and job rank gaps from the 1980s to the present day. The second chapter, entitled `Intra-firm hierarchies and gender gaps' and coauthored with Nicolo Dalvit and Aseem Patel, studies the sorting of women into layers of hierarchy within firms, using administrative French data, and examines the incidence of gender wage and employment gaps across hierarchies over time. Further, by exploiting a policy on corporate board quotas in France, it assesses the impact of an increase in female leadership on gender wage and employment outcomes within firms. We find that hierarchies matter in gender wage and employment gaps. Gender wage and employment gaps increase with each layer of firm hierarchy, even if these gaps narrow more over time in the upper layers. In addition, improvements in top female leadership has differing impacts across hierarchies. While a greater share of female corporate board members narrows the gender wage gap in top layers of hierarchy, it has no such impact on lower layers. Instead, it increases the share of women in lower layers working part-time, at the expense of full-time employment. The opposite is true for women in upper layers. The third chapter, `Occupational Shortage and Labor Market Adjustments: a Theory of Islands', coauthored with Riccardo Zago, addresses the incidence of occupational shortage, and assesses whether it leads to wage and employment adjustments. Using a unique dataset on reported vacancies that firms find difficult to fill, we document the incidence of shortage across regions, industries and occupation groups. We find that shortage only leads to wage and employment adjustments in non-routine occupations, but not in routine occupations. We show how the secular decline of the routine occupations, caused by technological change, can account for the persistence in shortage in the routine sector and its inability to adjust.

Essays on Heterogeneity in Labor Markets

Author :
Publisher :
ISBN 13 :
Total Pages : 119 pages
Book Rating : 4.:/5 (914 download)

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Book Synopsis Essays on Heterogeneity in Labor Markets by :

Download or read book Essays on Heterogeneity in Labor Markets written by and published by . This book was released on 2014 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: In my thesis, I study the effects of agents' heterogeneity on labor market outcomes, with particular focus on sorting, performance, wages, and inequality. Chapter one studies multidimensional matching between workers and jobs. Workers differ in manual and cognitive skills and sort into jobs that demand different combinations of these two skills. To study this multidimensional sorting, I develop a theoretical framework that generalizes the unidimensional notion of assortative matching. I derive the equilibrium in closed form and use this explicit solution to study biased technological change. The key finding is that an increase in worker-job complementarities in cognitive relative to manual inputs leads to more pronounced sorting and wage inequality across cognitive relative to manual skills. This can trigger wage polarization and boost aggregate wage dispersion. I then estimate the model for the US during the 1990s. I identify a significant increase in complementarities of cognitive inputs and in cognitive skill-bias in production. Counterfactual exercises suggest that these technology shifts can account for observed changes in worker-job sorting, wage polarization and a significant part of the increase in US wage dispersion. Chapter two develops a theory that links differences in men's and women's social networks to disparities in their labor market performance. We are motivated by our empirical finding that men's and women's networks differ. Men have a higher degree (more network links) than women, but women have a higher clustering coefficient (a woman's friends are also friends among each other). In our model, a worker with a higher degree has better access to information. In turn, a worker with a higher clustering coefficient faces more peer pressure. Both peer pressure and access to information can attenuate a team moral hazard problem in the work place. But whether peer pressure or access to information is more important depends on the work environment. We find that, in environments where uncertainty is high, information is crucial and, therefore, men outperform women / in line with findings from sectors with high earnings' uncertainty like the financial or film industry.

Labor Market Heterogeneity and the Aggregate Matching Function

Author : Régis Barnichon
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (931 download)

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Book Synopsis Labor Market Heterogeneity and the Aggregate Matching Function by : Régis Barnichon

Download or read book Labor Market Heterogeneity and the Aggregate Matching Function written by Régis Barnichon and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

World of Work Report 2013

Author : International Labor Office
Publisher : International Labour Organisation
ISBN 13 : 9789292510176
Total Pages : 70 pages
Book Rating : 4.5/5 (11 download)

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Book Synopsis World of Work Report 2013 by : International Labor Office

Download or read book World of Work Report 2013 written by International Labor Office and published by International Labour Organisation. This book was released on 2014-01-30 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: The World of Work Report 2013 provides analyses the global employment situation five years after the start of the global financial crisis. It looks at labour market performance and projections both at the global and regional levels

Industries, Firms, and Jobs

Author : George Farkas
Publisher : Springer Science & Business Media
ISBN 13 : 9780306428654
Total Pages : 374 pages
Book Rating : 4.4/5 (286 download)

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Book Synopsis Industries, Firms, and Jobs by : George Farkas

Download or read book Industries, Firms, and Jobs written by George Farkas and published by Springer Science & Business Media. This book was released on 1988-07-31 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a welcome reassertion of an old tradition of interdisdplinary research. That tradition has tended to atrophy in the last decade, largely because of an enormous expansion of the domain of neoc1assical economics. The expansion has fed on two sdentific developments: first, human capital theory; second, contract theory. Both developments have taken phenomena critical to the operation of the economy but previously understood in terms of categories separate and distinct from those with which economists generally work and sought to apply the same analytical techniques that we use to understand other economic problems. Human capital theory has applied conventional techniques to questions of labor supply. It began this endeavor with the supply of trained labor and then expanded to a general theory of labor supply by broadening the analysis to the allocation of time over the individual's life, the interdependendes of supply decisions within the family, and finally to the formation of the family itself. Similarly, contract theory has moved from a theory that explains the existence of c10sed economic institutions to a theory of their formation and internaioperation. The hallmark of both of these developments is the extension and applica tion of analytical techniques based on purposive maximization under con traints and the interaction of individual decision makers through a com petitive market or its analogue.

Inequality and the Labor Market

Author : Sharon Block
Publisher : Brookings Institution Press
ISBN 13 : 0815738811
Total Pages : 263 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Inequality and the Labor Market by : Sharon Block

Download or read book Inequality and the Labor Market written by Sharon Block and published by Brookings Institution Press. This book was released on 2021-04-06 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring a new agenda to improve outcomes for American workers As the United States continues to struggle with the impact of the devastating COVID-19 recession, policymakers have an opportunity to redress the competition problems in our labor markets. Making the right policy choices, however, requires a deep understanding of long-term, multidimensional problems. That will be solved only by looking to the failures and unrealized opportunities in anti-trust and labor law. For decades, competition in the U.S. labor market has declined, with the result that American workers have experienced slow wage growth and diminishing job quality. While sluggish productivity growth, rising globalization, and declining union representation are traditionally cited as factors for this historic imbalance in economic power, weak competition in the labor market is increasingly being recognized as a factor as well. This book by noted experts frames the legal and economic consequences of this imbalance and presents a series of urgently needed reforms of both labor and anti-trust laws to improve outcomes for American workers. These include higher wages, safer workplaces, increased ability to report labor violations, greater mobility, more opportunities for workers to build power, and overall better labor protections. Inequality in the Labor Market will interest anyone who cares about building a progressive economic agenda or who has a marked interest in labor policy. It also will appeal to anyone hoping to influence or anticipate the much-needed progressive agenda for the United States. The book's unusual scope provides prescriptions that, as Nobel Laureate Joseph Stiglitz notes in the introduction, map a path for rebalancing power, not just in our economy but in our democracy.

Noncognitive Skills and Their Influencing Factors for Children

Author : Jinyan Zhou
Publisher : Taylor & Francis
ISBN 13 : 1000517861
Total Pages : 173 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis Noncognitive Skills and Their Influencing Factors for Children by : Jinyan Zhou

Download or read book Noncognitive Skills and Their Influencing Factors for Children written by Jinyan Zhou and published by Taylor & Francis. This book was released on 2021-12-19 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Non-cognitive skills" are often used to refers to those skills that do not fall within the cognitive category but to describe a stable pattern of thought, feeling, and behavior in different situations and backgrounds with profitable and investable characteristics, such as conscientiousness, perseverance, and teamwork, which are critically important in education. However, for many years, "non-cognitive skills" have always been ignored in human capital theory. The book, using a multidisciplinary approach, tries to uncover the noncognitive components of human capital, so as to answer the question "what is the skill that should be invested in?" The author expands the connotations of human capital by exploring the value of noncognitive skills and their production patterns, constructing a measurement framework and a set of tools to measure noncognitive skills. She especially carries out an empirical survey which covers primary and secondary school students from seven provinces of China’s east, middle, and west areas. With the data collected, she analyzes Chinese students’ noncognitive development and further identifies the critical factors that may impact their noncognitive skills by applying the Bayesian Model Average approach. The book will be a theoretical contribution to education economics. Researchers interested in education in China, children’s development, and policymakers in the field of education will find this book helpful and resourceful.

Technology and changes in skill structure : evidence from an international panel of industries

Author : Stephen Machin
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (18 download)

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Book Synopsis Technology and changes in skill structure : evidence from an international panel of industries by : Stephen Machin

Download or read book Technology and changes in skill structure : evidence from an international panel of industries written by Stephen Machin and published by . This book was released on 1996 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Parables for the Virtual

Author : Brian Massumi
Publisher : Duke University Press
ISBN 13 : 0822383578
Total Pages : 337 pages
Book Rating : 4.8/5 (223 download)

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Book Synopsis Parables for the Virtual by : Brian Massumi

Download or read book Parables for the Virtual written by Brian Massumi and published by Duke University Press. This book was released on 2002-04-09 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the body has been the focus of much contemporary cultural theory, the models that are typically applied neglect the most salient characteristics of embodied existence—movement, affect, and sensation—in favor of concepts derived from linguistic theory. In Parables for the Virtual Brian Massumi views the body and media such as television, film, and the Internet, as cultural formations that operate on multiple registers of sensation beyond the reach of the reading techniques founded on the standard rhetorical and semiotic models. Renewing and assessing William James's radical empiricism and Henri Bergson's philosophy of perception through the filter of the post-war French philosophy of Deleuze, Guattari, and Foucault, Massumi links a cultural logic of variation to questions of movement, affect, and sensation. If such concepts are as fundamental as signs and significations, he argues, then a new set of theoretical issues appear, and with them potential new paths for the wedding of scientific and cultural theory. Replacing the traditional opposition of literal and figural with new distinctions between stasis and motion and between actual and virtual, Parables for the Virtual tackles related theoretical issues by applying them to cultural mediums as diverse as architecture, body art, the digital art of Stelarc, and Ronald Reagan's acting career. The result is an intriguing combination of cultural theory, science, and philosophy that asserts itself in a crystalline and multi-faceted argument.

Mobility-as-a-Service

Author : Malte Ackermann
Publisher : Springer Nature
ISBN 13 : 3030755908
Total Pages : 135 pages
Book Rating : 4.0/5 (37 download)

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Book Synopsis Mobility-as-a-Service by : Malte Ackermann

Download or read book Mobility-as-a-Service written by Malte Ackermann and published by Springer Nature. This book was released on 2021-07-05 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: The advent of mobility-as-a-service and the disruption of the automotive industry are both overlapping and fuelled by the same developments and thus raise a very fundamental question: are we at peak car? Based on the author’s extensive field research, academic study, and professional experience, this book explores this very question as well as the underlying social, economic, generational, and regulatory changes that lead to a new mobility regime. Through rich descriptions of established OEMs and mobility start-ups, it discusses the current forms of mobility and the promise of autonomous technology. It further explores the strategic dimension of these developments so as to navigate and succeed within the disruptive and ever-changing environment of mobility services.

Recent Advances in Technology Research and Education

Author : Dumitru Luca
Publisher : Springer
ISBN 13 : 3319674595
Total Pages : 352 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Recent Advances in Technology Research and Education by : Dumitru Luca

Download or read book Recent Advances in Technology Research and Education written by Dumitru Luca and published by Springer. This book was released on 2017-09-08 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents selected contributions to the 16th International Conference on Global Research and Education Inter-Academia 2017 hosted by Alexandru Ioan Cuza University of Iași, Romania from 25 to 28 September 2017. It is the third volume in the series, following the editions from 2015 and 2016. Fundamental and applied research in natural sciences have led to crucial developments in the ongoing 4th global industrial revolution, in the course of which information technology has become deeply embedded in industrial management, research and innovation – and just as deeply in education and everyday life. Materials science and nanotechnology, plasma and solid state physics, photonics, electrical and electronic engineering, robotics and metrology, signal processing, e-learning, intelligent and soft computing have long since been central research priorities for the Inter-Academia Community (I-AC) – a body comprising 14 universities and research institutes from Japan and Central/East-European countries that agreed, in 2002, to coordinate their research and education programs so as to better address today’s challenges. The book is intended for use in academic, government, and industrial R&D departments as a reference tool in research and technology education. The 42 peer-reviewed papers were written by more than 119 leading scientists from 14 countries, most of them affiliated to the I-AC.

Creativity, Innovation and Job Creation

Author : Organisation for Economic Co-operation and Development
Publisher : Organisation for Economic Co-operation and Development
ISBN 13 :
Total Pages : 274 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Creativity, Innovation and Job Creation by : Organisation for Economic Co-operation and Development

Download or read book Creativity, Innovation and Job Creation written by Organisation for Economic Co-operation and Development and published by Organisation for Economic Co-operation and Development. This book was released on 1997 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: On cover: OECD proceedings. - Based on a conference meeting held 11-12 January 1996 in Oslo

The American Political Economy

Author : Jacob S. Hacker
Publisher : Cambridge University Press
ISBN 13 : 1316516369
Total Pages : 487 pages
Book Rating : 4.3/5 (165 download)

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Book Synopsis The American Political Economy by : Jacob S. Hacker

Download or read book The American Political Economy written by Jacob S. Hacker and published by Cambridge University Press. This book was released on 2021-11-11 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective.

The Labour Market Impact of the EU Enlargement

Author : Floro Ernesto Caroleo
Publisher : Springer Science & Business Media
ISBN 13 : 3790821640
Total Pages : 340 pages
Book Rating : 4.7/5 (98 download)

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Book Synopsis The Labour Market Impact of the EU Enlargement by : Floro Ernesto Caroleo

Download or read book The Labour Market Impact of the EU Enlargement written by Floro Ernesto Caroleo and published by Springer Science & Business Media. This book was released on 2010-03-18 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Floro Ernesto Caroleo and Francesco Pastore This book was conceived to collect selected essays presented at the session on “The Labour Market Impact of the European Union Enlargements. A New Regional Geography of Europe?” of the XXII Conference of the Italian Association of Labour Economics (AIEL). The session aimed to stimulate the debate on the continuity/ fracture of regional patterns of development and employment in old and new European Union (EU) regions. In particular, we asked whether, and how different, the causes of emergence and the evolution of regional imbalances in the new EU members of Central and Eastern Europe (CEE) are compared to those in the old EU members. Several contributions in this book suggest that a factor common to all backward regions, often neglected in the literature, is to be found in their higher than average degree of structural change or, more precisely, in the hardship they expe- ence in coping with the process of structural change typical of all advanced economies. In the new EU members of CEE, structural change is still a consequence of the continuing process of transition from central planning to a market economy, but also of what Fabrizio et al. (2009) call the “second transition”, namely that related to the run-up to and entry in the EU.

Wearable Robots

Author : José L. Pons
Publisher : John Wiley & Sons
ISBN 13 : 0470987650
Total Pages : 358 pages
Book Rating : 4.4/5 (79 download)

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Book Synopsis Wearable Robots by : José L. Pons

Download or read book Wearable Robots written by José L. Pons and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: A wearable robot is a mechatronic system that is designed around the shape and function of the human body, with segments and joints corresponding to those of the person it is externally coupled with. Teleoperation and power amplification were the first applications, but after recent technological advances the range of application fields has widened. Increasing recognition from the scientific community means that this technology is now employed in telemanipulation, man-amplification, neuromotor control research and rehabilitation, and to assist with impaired human motor control. Logical in structure and original in its global orientation, this volume gives a full overview of wearable robotics, providing the reader with a complete understanding of the key applications and technologies suitable for its development. The main topics are demonstrated through two detailed case studies; one on a lower limb active orthosis for a human leg, and one on a wearable robot that suppresses upper limb tremor. These examples highlight the difficulties and potentialities in this area of technology, illustrating how design decisions should be made based on these. As well as discussing the cognitive interaction between human and robot, this comprehensive text also covers: the mechanics of the wearable robot and it’s biomechanical interaction with the user, including state-of-the-art technologies that enable sensory and motor interaction between human (biological) and wearable artificial (mechatronic) systems; the basis for bioinspiration and biomimetism, general rules for the development of biologically-inspired designs, and how these could serve recursively as biological models to explain biological systems; the study on the development of networks for wearable robotics. Wearable Robotics: Biomechatronic Exoskeletons will appeal to lecturers, senior undergraduate students, postgraduates and other researchers of medical, electrical and bio engineering who are interested in the area of assistive robotics. Active system developers in this sector of the engineering industry will also find it an informative and welcome resource.

The Science of Clays

Author : Swapna Mukherjee
Publisher : Springer Science & Business Media
ISBN 13 : 9400766831
Total Pages : 351 pages
Book Rating : 4.4/5 (7 download)

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Book Synopsis The Science of Clays by : Swapna Mukherjee

Download or read book The Science of Clays written by Swapna Mukherjee and published by Springer Science & Business Media. This book was released on 2013-10-09 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an attempt to provide a comprehensive and coherent description of three widely separated aspects of clays: the science of clays; the industrial uses of clays; and the role of clays in the environment. Most of the existing literature lacks such an integrated study and this work endeavours to fill that gap. An exhaustive account of the science of clays is presented in Part I of the book, which includes the classification, origin and evolution, composition and internal structure, chemical and physical properties of clays; soil mechanics; and analytical techniques for determining clay constituents. Part II provides a comprehensive description of the applications of clays and their derivatives in various industries, while Part III describes the role of clays in the environment; the pollution caused by clay minerals; and the application of clays in order to prevent environmental hazards. A principal feature of the book is its explanation of how the structure and composition of particular clay types facilitate their specific industrial or environmental applications, thus describing the interrelationship between three widely varying aspects of clay. A number of thought-provoking questions are raised at the end of the work in order to leave readers with a better insight in this regard.