New Economics Papers (from NEP)
The following works presented are external working papers published to the NEP-LMA and NEP-LAB RSS feeds. This content is provided to show a wider view of research being conducted across the areas of Labor Markets - Supply, Demand, and Wages, as well as Labour Economics. Works listed may have no relation to ACLMR or the ACLMR team and are published out of academic interest only.
Labour Markets
2025-07-04
The Opportunity Cost of a PhD: Spending your Twenties
This paper examines the opportunity cost of pursuing a PhD by tracing the earnings trajectories of graduate students from undergraduate study through doctoral training and into the labour market. Using…
2025
Green Jobs and the Green Transition in Latin America and the Caribbean: A Labor Market Analysis Using Job Vacancy Data
The green transition represents one of the most significant transformational forces in the labor market in the coming years. This paper analyzes the incidence of green jobs in four Latin American countries…
2025-04
Horizontal Differentiation of Tasks and Skills: Internal and External Labor Markets, Part 1
When workers’ skills can only be revealed by matches into tasks, and then only via the productivity of their teams, productivity-improving internal re-matching should improve on skill information to…
2025
Basic Income and Labor Supply: Evidence from an RCT in Germany
How does basic income (a regular, unconditional, guaranteed cash transfer) impact labor supply? We show that in search models of the labor market with income effects, this impact is theoretically ambiguous:…
2025
The Costs of Job Displacement and the Demand for Industry-Specific Human Capital
It is well established that job displacement leads to large and persistent earnings losses, but the reasons for these long-term losses remain unclear. A leading theory ties earnings losses to the demand…
2025-07
Do Pensions Enhance Teacher Effort and Selective Retention?
Theoretical rationales for employer-provided pensions often focus on their ability to increase employee effort and selectively retain quality workers. We test these hypotheses using rich administrative…
2025-06-26
Transformative and Subsistence Entrepreneurs: Origins and Impacts on Economic Growth
This paper explores the symbiotic relationship between transformative entrepreneurs and inventors, which is crucial for economic growth. We utilize microdata from Denmark to demonstrate that while the…
2025-06
Public Pensions and the Strategic Timing of Formal Employment
We study how public pensions impact lifecycle labor supply decisions. Our analysis centers on pension eligibility rules in Ecuador. We first use administrative data to document and unpack retirement spikes…
2025-06
Flexible Retirement and Optimal Taxation
Raising the retirement age is a common policy response when social security schemes face fiscal pressures. We develop and estimate a dynamic life cycle model to study optimal retirement and tax policy…
2025-07-03
Genetic Endowments and Lifetime Earnings: Understanding the Mechanisms
This paper investigates how genetic endowments influence lifetime earnings using a dynamic life cycle model and longitudinal data from a cohort tracked from birth to retirement. We examine genetic impacts…
2025
Physician Labor Supply, Financial Incentives, and Access to Healthcare
To empirically assess how physicians respond to financial incentives, we leverage a quasi-natural experiment in France where most GPs' fees are regulated. In 2017, a wide-scale regulatory change caused…
2025-06
Racial Inequality in the Labor Market
In this chapter, we introduce a new framework for studying the evolution of racial inequality in the labor market. The framework encompasses two broad forces – distributional and positional –…
2025
Fairness Properties of Compensation Schemes
How do different characteristics of pay-for-performance schemes affect fairness perceptions? In two studies, we systematically consider three major classes of incentive schemes: continuous piece rate…
2025-06
Private Equity and Workers: Modeling and Measuring Monopsony, Implicit Contracts, and Efficient Reallocation
We measure the real effects of private equity buyouts on worker outcomes by building a new database that links transactions to matched employer-employee data in the United States. To guide our empirical…
2025
The Great Escape: Physicians Leaving the Public Sector
In many countries, public healthcare systems are facing the unprecedented challenge of attracting new physicians and retaining existing physicians. Given that the role of noneconomic factors in responding…
2025-06
Does the Expansion of Medicaid Lead to Income Adjustment -- Evidence from SIPP
This study examines whether Medicaid expansion under the Affordable Care Act (ACA) led to strategic income reductions to qualify for coverage. Using monthly data from the Survey of Income and Program…
2025
Insurance and Asymmetric Information in Wage Contracts: Evidence from an Online Experiment
For workers facing uncertain output, fixed-wage contracts provide implicit insurance compared to self-employment or performance-based pay. But like any insurance product, these contracts are prone to…
2025
The Local Job Multipliers of Green Industrialization
What are the job multipliers of the green industrialization? We tackle this question within EU regions over the period 2003-2017, building a novel measure of green manufacturing penetration that combines…
2025-04
Time-Use Patterns of Youth in India (2019): NEET vs. others
This study analyzes the covariates of the time spent on education and leisure of the youth who are Not in Employment, Education, or Training focusing (NEET). Based on the 2019 Time Use Survey for youth…
2025-07
Robots, shoring patterns, and employment: What are the linkages?
In this paper, we analyse how robotisation is associated with industry output and its production inputs. We therefore link data on employment, robotisation and input-output relations for 15 manufacturing…
2025
Career Arduousness and [Healthy] Life Expectancy in Europe: An assessment based on SHARE and O*NET data
The primary policy response to population ageing in advanced economies has been to raise the mandatory retirement age. However, these policies have reignited calls for differentiated retirement ages that…
2025-07-04
Beliefs and Realities of Work and Care After Childbirth
Models of female labor supply routinely assume that women have accurate expectations about post-birth employment, but little is known about whether this assumption holds. We use a 2019 state-contingent…
2025-06
Tapping Business and Household Surveys to Sharpen Our View of Work from Home
Timely business-level measures of work from home (WFH) are scarce for the U.S. economy. We review prior survey-based efforts to quantify the incidence and character of WFH and describe new questions that…
2025-06-26
Identification in Models for Matched Worker-Firm Data with Two-Sided Random Effects
This paper is concerned with models for matched worker-firm data in the presence of both worker and firm heterogeneity. We show that models with complementarity and sorting can be nonparametrically identified…
2025
Re-exhuming the old hatchet: The effects of affirmative action policies on political preferences in post-apartheid South Africa
This paper studies whether affirmative action policies towards the outsider group may foster a backlash by the insider one. We exploit the unique historical context provided by the legacy of apartheid…
2025
Labour market barriers beyond the binary gender construct: Cis-normativity in the labour market
Labour market discrimination based on gender identity remains a significant yet understudied phenomenon. This paper examines the labour market experiences of trans and nonbinary individuals, focusing…
Labour Economics
2025
Disincentive effects of unemployment insurance benefits
Unemployment insurance (UI) acts both as a disincentive for labor supply and as a demand stimulus, which may explain why empirical studies often find limited effects of UI on employment. This paper provides…
2025-06-15
Child Penalty & The Rise in Within-Couple Income Inequality
Using a rich administrative dataset representative of the French population, we study the causal impact of the first childbirth on the within-couple inequality in France. We find that women’s contribution…
2025-06-27
Women's labor market opportunities and equality in the household
We study how changes in couples’ relative wages affect the division of childcare. Using a nationwide wage reform that raised pay in the female-dominated teaching profession, we find that closing 25%…
2025
The Labor Supply Costs of Intra-Household Economic Violence
This paper quantifies how intra-household economic violence—financial control that restricts a partner’s labour-market choices—affects women’s labour supply. Extending the…
2025-06-19
Search Costs, Outside Options, and On-the-Job Search
I study how beliefs about search costs, returns to search effort, and outside options relate to the job mobility decisions of employed workers. I design an online survey and administer it to a representative…
2025
Trade Diversion and Labor Market Outcomes
In 2018 and 2019, the US administration increased tariffs on imports from China. Did these tariffs lead to more US imports from other countries such as Mexico? Using highly disaggregated data on the universe…
2025-04-15
Leave and Let Leave: Workplace Peer Effects in Fathers’ Take-up of Parental Leave
Relying on a reform that increased parental leave generosity, we estimate workplace peer effects in the use of leave, with a focus on fathers. Coworker fathers are more likely to take parental leave when…
2025-07
The Revenue and Distributional Impacts of Unemployment Insurance Reform: Evidence from California
In the United States, unemployment insurance (UI) is funded through employer-side payroll taxes that are experience-rated based on previous UI claims. States differ significantly with respect to the financing…
2025-03-25
Economic Diversity and the Resilience of Cities
We show how local worker flow adjustment margins yield a theory-consistent sufficient statistic approximating the welfare effects of local shocks. Furthermore, we isolate a city's insurance value as this…
2025-07
Effects of the Minimum Wage on Employment of Young Adults with Cognitive Disabilities
This study analyzes, for the first time, the effect of increases in the minimum wage on the labor market outcomes of working age adults with cognitive disabilities, a vulnerable and low-skilled sector…
2025-05
The Evolution of Age-friendly Jobs in a Rapidly Ageing Economy
Korea’s labor force shift toward older, female, and more educated workers has been even more dramatic than that of the US in recent decades. This paper documents how Korean job characteristics vary…
2025-05
Changes in the College Mobility Pipeline Since 1900
Going to college has consistently conferred a large wage premium. We show that the relative premium received by lower-income Americans has halved since 1960. We decompose this steady rise in ‘collegiate…
2025
Policy Change and Women’s and Men’s Earnings around Divorce: Evidence from the German Maintenance Reform
This paper examines the gendered impact of divorce on earnings and the role of the social policy context in shaping this relationship. In particular, it focuses on a policy reform enacted in Germany in…
2025-06-14
Internal Migration, Local Development and Structural Change: Evidence from the Italian Golden Age
Internal migration facilitates an efficient allocation of labor within the economy, but are its sending and receiving areas affected differently? We address this question through the lens of Italy during…
2025-05
Native-Immigrant Entrepreneurial Synergies
We examine the performance of startups co-founded by immigrant and native teams. Leveraging unique data linking startups to founders' and employees' employment and education histories, we find native-migrant…
2025-05
Effort, Identity, and Employee Mental Health
Why do workers exert effort at their tasks and what are the implications for their well-being when greater effort is necessary? This paper, which studies university employees during the Covid-19 pandemic,…
2025-06-06
Shocks and Selection: How Earthquakes Shape Local Political Representation
This paper examines how natural disasters shape electoral preferences by analyzing the impact of earthquakes in Italy between 1990 and 2019. Using a staggered Difference-in-Differences design, we estimate…
2025-06
Better or worse job accessibility? Understanding changes in spatial mismatch: evidence from Medellín, Colombia
We propose a methodology to calculate the mismatch between places of work and places of residence that incorporates monetary and opportunity transportation costs while correcting for possible overestimation…
2025-06
The Net Benefits of Raising Bachelor’s Degree Completion through the City University of New York ACE Program
In 2015, the City University of New York (CUNY) launched a new program— Accelerate, Complete, and Engage (ACE)—aimed at improving college graduation rates. A randomized-control evaluation of the program…
2025-07
Doctor Discretion in Medical Evaluations
This paper analyzes the importance of doctor discretion in medical evaluations. Leveraging comprehensive administrative data and random assignment of doctors to evaluations in workers’ compensation…
2025-07
Gender Differences in Total Early-Stage Entrepreneurial Activity: A Moderated Mediation PLS-SEM Analysis
Despite ongoing progress, women continue to show lower entrepreneurial activity compared to men, highlighting the need for further efforts to close the gender gap and enhance women's economic participation.…
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