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
2025-06
Money or Monitoring: Evidence on Improving Worker Effort
Higher compensation and increased monitoring are two common strategies for addressing the moral hazard problem between firms and workers. In a field experiment with new hires at an automobile manufacturing…
2025-06
Expertise
When job tasks are automated, does this augment or diminish the value of labor in the tasks that remain? We argue the answer depends on whether removing tasks raises or reduces the expertise required…
2025-06-30
Returns to Education with Earnings Uncertainty and Employment Risk over the Life Cycle
We measure the returns to education in the presence of earnings uncertainty and employment risk over the life cycle. The context of our study is Norway, offering a credible instrument for schooling and…
2025
Successful Entrepreneurs Come From the Top of the Earned Income Distribution
Identifying high growth startups ex-ante and fostering their success is an important policy challenge. Using Swedish registry data, we show that previous labor market earnings of entrepreneurs is a simple…
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
Leveraging Social Comparisons: The Role of Peer Assignment Policies for Productivity and Stress
Using a large-scale real effort experiment, we explore whether and how different peer assignment mechanisms affect worker performance and stress. Letting individuals choose whom to compare to increases…
2025-05-16
Timing is Everything: Labor Market Winners and Losers during Boom-Bust Cycles
Sectoral expansions and contractions cause labor reallocation out of declining industries and into booming industries. Which types of workers gain and lose from these transitions? Using linked employer-employee…
2025-06
Cosmetology Gets a Trim: The Impact of Reducing Licensing Hours on Colleges and Students
In the United States, licenses are required for entry into many different occupations. Requirements vary by state and occupation, but many licenses require a minimum number of training or instructional…
2025-06-30
Inequality, Education, and Occupational Change in the Philippines
Despite significant progress in reducing poverty, the Philippines continues to face high inequality, which stayed elevated in the early 2000s as the economy grew. Although inequality has gradually declined…
2025-07
Returns to College Education of Chinese Manufacturing Employees: Who Benefits More?
Using the China Employer-Employee Survey (CEES) data, this study examines the returns to college education for employees across China’s manufacturing industry, most of them work in small and medium-sized…
2025-06
Heterogeneity, Uncertainty and Learning: Semiparametric Identification and Estimation
We provide identification results for a broad class of learning models in which continuous outcomes depend on three types of unobservables: known heterogeneity, initially unknown heterogeneity that may…
2025-07
The Asymmetric Incidence of Business Taxes: Survey Evidence from German Firms
We provide novel evidence on the incidence of business taxes using comprehensive survey and experimental data from German firms. Leveraging randomized variation in hypothetical tax changes, we find that…
2025-06
How Does Wage Inequality Affect the Labor Movement?
This paper provides the first causal evidence on how occupational wage inequality affects the labor movement, using three complementary research designs: a vignette experiment with union organizers, an…
2025
Do Reforms Aimed at Reducing Time to Graduation Work? Evidence from the Italian Higher Education System
This paper examines the impact of a reform aimed at expediting graduation times in Italian universities by reducing the number of exams students must pass to obtain the fixed number of credits required…
2025-06
Measuring the Sources of Taste-Based Discrimination Using List Experiments
This paper examines how attitudes among supervisors, co-workers, and customers are related to discrimination against sexual minority individuals in the workplace. Participants from a large, nationally…
2025-07
An Economic Theory of Sexual Exchanges and Human Capital
We propose a unified economic model of sexual exchanges that treats both unpaid and paid sex as outcomes of individual time allocation decisions. Departing from existing literature that separates sex…
2025-07
The Value of Bonding at Work: Evidence from a Field Experiment
This study examines the effects of structured social activities on workplace collegiality and performance in a large white-collar firm with 100 geographically dispersed offices. In a randomized controlled…
2025-03-21
Labor Market Dynamics in a Highly Competitive Industry
We study labor market dynamics of workers in a highly competitive industry, focusing on the relationship between workers' age, wages, and productivity. Our analysis uncovers an inverse U-shaped relationship.…
2025-06-01
Who benefits from online gig economy platforms?
Online labor platforms for short-term remote work have many more job seekers than available jobs. Despite their relative abundance, workers capture a substantial share of the surplus from transactions.…
2025-07
Does Training in AI Affect PhD Students' Careers? Evidence from France
The rise of Artificial Intelligence (AI) urges us to better understand its impact on the labor market. This paper is the first to analyze the supply of individuals with AI training facing the labor market.…
2025-05
College Course Shutouts
What happens when college students cannot enroll in the courses they want? Using conditional random assignment to oversubscribed courses at a large public university, we find that a course shutout reduces…
2025-07
Why railways fail: Colonial railways and economic development in Habsburg Bosnia-Herzegovina
Are railways always a harbinger of prosperity? We examine the economic effects of railways in Bosnia-Herzegovina under Habsburg colonial rule. Our novel dataset consistently tracks the non-agrarian population…
2025-05
Adjusters and Casualties: The Anatomy of Labor Market Displacement
We analyze the full distribution of displaced workers’ earnings losses using a new method that combines matching and synthetic control group approaches at the individual level. We find that the distribution…
2025
The Daughter Penalty
Looking at the earnings profiles of men and women after their first child is born, a number of studies establish that women suffer a larger penalty in earnings than men—a child penalty. Leveraging randomness…
Labour Economics
2025-06
Immigration and Inequality in the Next Generation
We estimate the causal impacts of immigration to U.S. cities on the intergenerational economic mobility of children of U.S.-born parents. Immigration raises the educational attainment and earnings among…
2025
Trade Diversion and Labor Market Outcomes
In 2018 and 2019, the US administration increased tari¤s 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…
2025-06
Quantifying Racial Disparities Using Consecutive Employment Spells
This paper develops a framework to quantify racial disparities in earnings and employment that are not plausibly due to differences in productivity. Over an employment cycle, employers learn about worker…
2025-07
Extending Healthspans in an Aging World
Extensions in human longevity are prompting a growing interest in maximizing healthspan, or the number of years of life unencumbered by the chronic diseases of old age. This chapter reviews recent research…
2025-06
The Labor Supply Curve is Upward Sloping: The Effects of Immigrant-Induced Demand Shocks
What is the effect of immigration on native labor-market outcomes? An extensive literature identifies the differential impact of immigration on natives employed in jobs that are more exposed to immigrant…
2025-03-14
Feedback, Confidence and Job Search Behavior
We conduct a field experiment with job seekers to investigate how feedback influences job search and labor market outcomes. Job seekers who receive feedback on their ability compared to other job seekers…
2025-05
Does Immigration Affect Native Wages? A Meta-Analysis
The impact of immigration on native workers’ wages has been a long-standing debate in labour and international economics. This meta-analysis synthesises findings from 88 studies published between 1985…
2025-06-10
Barriers to Entry : Decomposing the Gender Gap in Job Search in Urban Pakistan
Gender gaps in labor market outcomes persist in South Asia. An open question is whether supply- or demand-side constraints play a larger role. This paper investigates this using matched data from three…
2025
Welcoming the tired and poor: Grassroots associations and immigrant assimilation during the age of mass migration
I examine the impact of the Progressive-era Settlement movement on immigrant assimilation in the United States between 1880 and 1940. Settlements provided services such as job training and childcare to…
2025-07
Why Is Fertility So Low in High Income Countries?
This paper considers why fertility has fallen to historically low levels in virtually all high-income countries. Using cohort data, we document rising childlessness at all observed ages and falling completed…
2025
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…
2025-06
A Matter of Time? Measuring Effects of Public Schooling Expansions on Families
We leverage pronounced changes in the availability of public schooling for young children—through duration expansions to the kindergarten day—to better understand how an implicit childcare subsidy…
2025-07
Chances or choices? How we think parenthood shapes our own and others’ careers
This letter contributes to the literature on gender disparities in professional life by exploring how men and women perceive the impact of parenthood on career outcomes. It does so through the lens of…
2025-07
Gender Segregation in Childhood Friendships and the Gender-Equality Paradox
Gender segregation in higher education persists across developed countries and is paradoxically stronger in wealthier, more gender-equal societies. Using data from over 500, 000 children across 37 Western…
2025-07
Gender Differences in Children’s Extracurricular Activities: Japanese Parental Preference for STEM Activities for Sons
Using original survey data from parents of children in kindergarten through junior high school in Tokyo, Japan, we find that parents exhibit stronger preferences for sons over daughters to participate…
2025-07
Immigration and Adult Children's Care for Elderly Parents: Evidence from Western Europe
In this paper, we use the Survey of Health, Ageing, and Retirement in Europe (SHARE), complemented with register data on the share of the foreign population in the European regions, to examine the effects…
2025
Cross-border migration and social mobility: regional dynamics as levers for upward social mobility?
The question of social mobility, particularly in deindustrialized regions, is a central issue in understanding contemporary economic and social dynamics. This article examines how regional contexts influence…
2025-06
Economics of Childbearing: Trends, Progress, and Challenges
The neoclassical economics of childbearing turns 65 this year, marking the anniversary of Gary Becker’s foundational article on the subject in 1960. This review article begins with a study of how childbearing…
Job Loss and Retirement
This paper provides the first evidence of the long-term effects of job loss on age at retirement, pension benefits and lifetime income. Exploiting plant closures and using German administrative data,…
2025-06-23
On-the-Job Search and Inflation Under the Microscope
We develop a model where heterogeneous agents choose whether to engage in on-the-job search (OJS) to improve labor income. The model accounts for untargeted microdata patterns: fiscal incentives affect…
2025-06
Is Less Really More? Comparing the Climate and Productivity Impacts of a Shrinking Population
A smaller human population would emit less carbon, other things equal, but how large is the effect? Here we test the widely-shared view that an important benefit of the ongoing, global decline in fertility…
2025-06
Net Worth Poverty in Childhood: How Duration and Timing Affect Educational Outcomes
Very low household wealth, or net worth poverty (NWP), is the modal form of poverty for American children, yet little is understood about how it is experienced across childhood or its associations with…
2025-06-20
Entrepreneurs’ Diversification and Labor Income Risk
Entrepreneurs with more diversified portfolios of private firms provide more insurance against labor income risk: in a sample of over 524, 000 Canadian firms and 858, 000 owners, firms owned by such entrepreneurs…
2025-06-01
Leaders in social movements: evidence from unions in Myanmar
Social movements are catalysts for crucial institutional changes. To succeed, they must coordinate members’ views (consensus building) and actions (mobilization). We study union leaders within Myanmar’s…
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