The Allocation of Talent and U.S. Economic Growth

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ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis The Allocation of Talent and U.S. Economic Growth by : Chang-Tai Hsieh

Download or read book The Allocation of Talent and U.S. Economic Growth written by Chang-Tai Hsieh and published by . This book was released on 2019 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1960, 94 percent of doctors and lawyers were white men. By 2010, the fraction was just 62 percent. Similar changes in other highly-skilled occupations have occurred throughout the U.S. economy during the last fifty years. Given that the innate talent for these professions is unlikely to have changed differently across groups, the change in the occupational distribution since 1960 suggests that a substantial pool of innately talented women and black men in 1960 were not pursuing their comparative advantage. We examine the effect on aggregate productivity of the convergence in the occupational distribution between 1960 and 2010 through the prism of a Roy model. Across our various specifications, between 20% and 40% of growth in aggregate market output per person can be explained by the improved allocation of talent.

Alternative Mechanisms for Corporate Control

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ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.:/5 (223 download)

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Book Synopsis Alternative Mechanisms for Corporate Control by : Randall Morck

Download or read book Alternative Mechanisms for Corporate Control written by Randall Morck and published by . This book was released on 1988 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The allocation of talent

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ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis The allocation of talent by : Kevin M. Murphy

Download or read book The allocation of talent written by Kevin M. Murphy and published by . This book was released on 1990 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Three Essays on the Allocation of Talent

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (862 download)

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Book Synopsis Three Essays on the Allocation of Talent by : Michael Johannes Boehm

Download or read book Three Essays on the Allocation of Talent written by Michael Johannes Boehm and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Institutions and the Allocation of Talent

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

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Book Synopsis Institutions and the Allocation of Talent by : Timur Natkhov

Download or read book Institutions and the Allocation of Talent written by Timur Natkhov and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Institutions affect investment decisions, including investments in human capital. Hence institutions are relevant for the allocation of talent. Good market-supporting institutions attract talent to productive value-creating activities, whereas poor ones raise the appeal of rent-seeking. We propose a theoretical model that predicts that more talented individuals are particularly sensitive in their career choices to the quality of institutions, and test these predictions on a sample of around 95 countries of the world. We find a strong positive association between the quality of institutions and graduation of college and university students in science, and an even stronger negative correlation with graduation in law. Our findings are robust to various specifications of empirical models, including smaller samples of former colonies and transition countries. The quality of human capital makes the distinction between educational choices under strong and weak institutions particularly sharp. We show that the allocation of talent is an important link between institutions and growth.

The Allocation of Talent

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ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis The Allocation of Talent by : Kevin M. Murphy

Download or read book The Allocation of Talent written by Kevin M. Murphy and published by . This book was released on 1990 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: A country's most talented people typically organize production by others, so they can spread their ability advantage over a larger scale. When they start firms, they innovate and foster growth, but when they become rent seekers, they only redistribute wealth and reduce growth. Occupational choice depends on returns to ability and to scale in each sector, on market size, and on compensation contracts. In most countries, rent seeking rewards talent more than entrepreneurship does, leading to stagnation. Our evidence shows that countries with a higher proportion of engineering college majors grow faster; whereas countries with a higher proportion of law concentrators grow slower.

The Allocation of Talent Over the Business Cycle and Its Long-Term Effect on Sectoral Productivity

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

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Book Synopsis The Allocation of Talent Over the Business Cycle and Its Long-Term Effect on Sectoral Productivity by : Michael J. Böhm

Download or read book The Allocation of Talent Over the Business Cycle and Its Long-Term Effect on Sectoral Productivity written by Michael J. Böhm and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is well documented that graduates enter different occupations in recessions than in booms. In our paper, we examine the impact of the resulting change in the allocation of talent for long-term productivity and output in a sector. In a setting where output can be quantitatively and qualitatively measured, we find evidence that talent flows to stable sectors in recessions and to cyclical sectors in booms: economists starting or graduating from their PhD in a recession are significantly more productive in academia over the long term than economists starting or graduating in a boom.

Time, Talent, Energy

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Publisher : Harvard Business Review Press
ISBN 13 : 1633691772
Total Pages : 240 pages
Book Rating : 4.6/5 (336 download)

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Book Synopsis Time, Talent, Energy by : Michael C. Mankins

Download or read book Time, Talent, Energy written by Michael C. Mankins and published by Harvard Business Review Press. This book was released on 2017-02-14 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing Your Scarcest Resources Business leaders know that the key to competitive success is smart management of scarce resources. That's why companies allocate their financial capital so carefully. But capital today is cheap and abundant, no longer a source of advantage. The truly scarce resources now are the time, the talent, and the energy of the people in your organization--resources that are too often squandered. There's plenty of advice about how to manage them, but most of it focuses on individual actions. What's really needed are organizational solutions that can unleash a company's full productive power and enable it to outpace competitors. Building off of the popular Harvard Business Review article "Your Scarcest Resource," Michael Mankins and Eric Garton, Bain & Company experts in organizational design and effectiveness, present new research into how you can liberate people's time, talent, and energy and unleash your organization's productive power. They identify the specific causes of organizational drag--the collection of institutional factors that slow things down, decrease output, and drain people's energy--and then offer a pragmatic framework for how managers can overcome it. With practical advice for using the framework and in-depth examples of how the best companies manage their people's time, talent, and energy with as much discipline as they do their financial capital, this book shows managers how to create a virtuous circle of high performance.

Reward Structures and the Allocation of Talent

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ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Reward Structures and the Allocation of Talent by : Daron Acemoglu

Download or read book Reward Structures and the Allocation of Talent written by Daron Acemoglu and published by . This book was released on 1993 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Allocation of Talent, Labor Markets, and Economic Development

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Publisher :
ISBN 13 :
Total Pages : 658 pages
Book Rating : 4.:/5 (972 download)

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Book Synopsis Allocation of Talent, Labor Markets, and Economic Development by : Tommaso Porzio

Download or read book Allocation of Talent, Labor Markets, and Economic Development written by Tommaso Porzio and published by . This book was released on 2016 with total page 658 pages. Available in PDF, EPUB and Kindle. Book excerpt:

What We Owe Each Other

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Publisher : Princeton University Press
ISBN 13 : 069120764X
Total Pages : 256 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis What We Owe Each Other by : Minouche Shafik

Download or read book What We Owe Each Other written by Minouche Shafik and published by Princeton University Press. This book was released on 2022-08-23 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: From one of the leading policy experts of our time, an urgent rethinking of how we can better support each other to thrive Whether we realize it or not, all of us participate in the social contract every day through mutual obligations among our family, community, place of work, and fellow citizens. Caring for others, paying taxes, and benefiting from public services define the social contract that supports and binds us together as a society. Today, however, our social contract has been broken by changing gender roles, technology, new models of work, aging, and the perils of climate change. Minouche Shafik takes us through stages of life we all experience—raising children, getting educated, falling ill, working, growing old—and shows how a reordering of our societies is possible. Drawing on evidence and examples from around the world, she shows how every country can provide citizens with the basics to have a decent life and be able to contribute to society. But we owe each other more than this. A more generous and inclusive society would also share more risks collectively and ask everyone to contribute for as long as they can so that everyone can fulfill their potential. What We Owe Each Other identifies the key elements of a better social contract that recognizes our interdependencies, supports and invests more in each other, and expects more of individuals in return. Powerful, hopeful, and thought-provoking, What We Owe Each Other provides practical solutions to current challenges and demonstrates how we can build a better society—together.

Essays on the Allocation of Talent

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (112 download)

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Book Synopsis Essays on the Allocation of Talent by : Ana Figueiredo

Download or read book Essays on the Allocation of Talent written by Ana Figueiredo and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Informal Role of Education in the Allocation of Talent

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ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (924 download)

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Book Synopsis The Informal Role of Education in the Allocation of Talent by :

Download or read book The Informal Role of Education in the Allocation of Talent written by and published by . This book was released on 1999 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Gift of Global Talent

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Publisher : Stanford University Press
ISBN 13 : 1503607364
Total Pages : 250 pages
Book Rating : 4.5/5 (36 download)

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Book Synopsis The Gift of Global Talent by : William R. Kerr

Download or read book The Gift of Global Talent written by William R. Kerr and published by Stanford University Press. This book was released on 2018-10-02 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global race for talent is on, with countries and businesses competing for the best and brightest. Talented individuals migrate much more frequently than the general population, and the United States has received exceptional inflows of human capital. This foreign talent has transformed U.S. science and engineering, reshaped the economy, and influenced society at large. But America is bogged down in thorny debates on immigration policy, and the world around the United States is rapidly catching up, especially China and India. The future is quite uncertain, and the global talent puzzle deserves close examination. To do this, William R. Kerr uniquely combines insights and lessons from business practice, government policy, and individual decision making. Examining popular ideas that have taken hold and synthesizing rigorous research across fields such as entrepreneurship and innovation, regional advantage, and economic policy, Kerr gives voice to data and ideas that should drive the next wave of policy and business practice. The Gift of Global Talent deftly transports readers from joyous celebrations at the Nobel Prize ceremony to angry airport protests against the Trump administration's travel ban. It explores why talented migration drives the knowledge economy, describes how universities and firms govern skilled admissions, explains the controversies of the H-1B visa used by firms like Google and Apple, and discusses the economic inequalities and superstar firms that global talent flows produce. The United States has been the steward of a global gift, and this book explains the huge leadership decision it now faces and how it can become even more competitive for attracting tomorrow's talent. Please visit www.hbs.edu/managing-the-future-of-work/research/Pages/default.aspx to learn more about the book.

Allocation of Talent to the Government Sector

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ISBN 13 :
Total Pages : 232 pages
Book Rating : 4.:/5 (52 download)

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Book Synopsis Allocation of Talent to the Government Sector by : Koffie Ben Nassar

Download or read book Allocation of Talent to the Government Sector written by Koffie Ben Nassar and published by . This book was released on 1998 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Property Rights, Corruption and the Allocation of Talent

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ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (344 download)

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Book Synopsis Property Rights, Corruption and the Allocation of Talent by : Daron Acemoglu

Download or read book Property Rights, Corruption and the Allocation of Talent written by Daron Acemoglu and published by . This book was released on 1996 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Money, fame and the allocation of talent[

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (82 download)

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Book Synopsis Money, fame and the allocation of talent[ by : Doh-Shin Jeon

Download or read book Money, fame and the allocation of talent[ written by Doh-Shin Jeon and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: