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
Job Transformation, Specialization, and the Labor Market Effects of AI
Who will gain and who will lose as AI automates tasks? While much of the discourse focuses on job displacement, we show that job transformation—a shift in the task content of jobs—creates large and…
2025-09
Never too late: Apprenticeship training late in the career as a way out of age discrimination
In many countries, age discrimination appears to be driven by negative perceptions that recruiters stereotypically hold about older candidates’ technological skills, trainability, and flexibility. Based…
2025
The economics of meaningful work: A scoping review
Meaningful work plays a central role in many people's lives, and the topic attracts interest across a range of social science disciplines. What is the economists' view on meaningful work? This chapter…
2025-08
Robinson Meets Roy: Monopsony Power and Comparative Advantage
We provide a number of insights into the nature and consequences of monopsony power through the lens of comparative advantage, where employers’ power in wage setting stems from match-specific rents.…
2025-08
The Effects of Tenure-Track Systems on Selection and Productivity in Economics
This paper examines how publication-based tenure-track systems affect the careers of Ph.D. graduates in Economics. We leverage a 2010 reform in Italy that replaced open-ended assistant professor (AP)…
2025
Notes on a World with Generative AI
Generative AI (GenAI) and Large Language Models (LLMs) are moving into domains once seen as uniquely human—reasoning, synthesis, abstraction, and rhetoric. Addressed to labor economists and informed…
2025-08
Corporate Hierarchy
We introduce a novel measure of corporate hierarchies for over 2, 500 U.S. public firms. This measure is obtained from online resumes of 16 million employees and a network estimation technique that allows…
2025-07
Do Temporary Workers Face Higher Wage Markdowns? Evidence from India's Automotive Sector
Are temporary workers subject to different wage markdowns than permanent workers? This paper examines productivity, output markups, and wage markdowns in India's automotive sector during 2000--2020. I…
2025-08
Labor and Product Market Power, Endogenous Quality, and the Consolidation of the US Hospital Industry
Existing structural analyses of the harmful effects of market consolidation focus on either product or labor markets in isolation, ignoring that product market competitors often compete for workers as…
2025
Work Meaning and Fair Wages
Work meaning can be an important driver of labor supply. Since, by definition, work meaning is associated with benefits for others, it also has an important fairness dimension. In a theoretical model,…
2025-08
Why Are Wages Of Both Skilled and Unskilled Workers Lower in Poor Countries?
We introduce credit constraints into a standard model of endogenous growth. In the presence of credit constraints, firms in poor countries face higher borrowing costs which in turn negatively affects…
2025-09
A tail of labor supply and a tale of monetary policy
We study the interaction between monetary policy and labor supply decisions at the household level. We uncover evidence of heterogeneous responses and a strong counter-cyclicality of hours worked in the…
2025-08
Misperception and informativeness in statistical discrimination
We study the interplay of information and prior (mis)perceptions in a Phelps-Aigner-Cain-type model of statistical discrimination in the labor market. We decompose the effect on average pay of an increase…
2025-08
A Model of the Babbage Firm
This paper develops a unified model of the cognitive division of labour in a knowledge economy. Building on recent frameworks for knowledge creation and decision making under uncertainty, it distinguishes…
2025-08
Returns to ICT skills in European labour markets, trade unions and contractual cleavages
In the last decades, socio-economic literature has paid considerable attention to the distribution of costs and benefits of technological introduction and ICT diffusion for different segments of the workforce,…
2025-09
Self-Employment as a Signal: Career Concerns with Hidden Firm Performance
We analyze a dynamic labor market in which a worker with career concerns chooses each period between (i) self-employment that makes output publicly observable and (ii) employment at a firm that pays a…
2025
Heads Up: Does Air Pollution Cause Workplace Accidents?
Literature has shown that air pollution can have short- and long-term adverse effects on physiological and cognitive performance. In this study, we estimate the effect of increased pollution levels on…
2025-08
Output Fluctuations and Firm Recruitment Effort
This paper examines the relationship between output fluctuations and firms’ recruitment efforts using Danish data that link online job ads with high-frequency firm-level revenue and value-added. While…
2025
Inflation, Monetary Policy, and Capital-Labor Inequality
This paper estimates a New Keynesian model with heterogeneous agents to study the interactions among monetary policy, macroeconomic shocks, and the distribution of income between capital and labor. The…
2025-09-04
Second-Round Wage-Price Effects of Raw Material Costs: An Empirical Analysis Using a DSGE Model
This paper empirically examines the second-round effect of raw material price increases using a DSGE model. Specifically, it explores how price increases driven by rising raw material costs spill over…
2025
The Behavioral Signature of GenAI in Scientific Communication
We examine the uptake and measurable effects of GPT-assisted writing in economics working paper abstracts. Focusing on the IZA discussion paper series, we detect a significant stylistic shift following…
2025-08
An AI-powered Tool for Central Bank Business Liaisons: Quantitative Indicators and On-demand Insights from Firms
In a world of high policy uncertainty, central banks are relying more on soft information sources to complement traditional economic statistics and model-based forecasts. One valuable source of soft information…
2025-08
Impact of Cash Transfer Program on Time-Use Patterns of Agricultural Households: Evidence from India
While many developing countries, including India, increasingly started using unconditional cash transfers in agriculture (UCTAs) to improve welfare of people, the effectiveness of such policies are still…
2025
Green jobs and green economic development in Kigali's construction value chain: Evidence from a firm survey
Green, circular buildings and their construction are essential for climate change mitigation and resource efficiency. However, the impact of a systematic shift towards green, circular buildings on employment…
Labour Economics
2025-08
What Do (Thousands of) Unions Do? Union-Specific Pay Premia and Inequality
We study the role of union heterogeneity in shaping wages and inequality among unionized workers. Using linked employer-employee data from Brazil and job moves across multi-firm unions, we estimate over…
2025-08
Has the Rise of Work from Home Reduced the Motherhood Penalty in the Labor Market?
When women become mothers, they often take a step back from their careers. Could work from home (WFH) reduce this motherhood penalty, particularly in traditionally family-unfriendly careers? We leverage…
2025-07-14
The Effect of Unemployment Insurance Eligibility in Equilibrium
In the United States, workers whose past earnings were below a threshold are generally ineligible for unemployment insurance (UI), creating a discontinuous jump in the value of being unemployed. Using…
2025-08
The Effects of Parental Income and Family Structure on Intergenerational Mobility: A Trajectories-Based Approach
We examine how parental income and family structure during childhood and adolescence affect adult income, emphasizing the timing of these effects. Using an ordered multinomial probability model with functional…
2025
Career Penalties for Flexible Working: How Organizational Culture Shapes Managerial Decisions
This study explores how organizational factors influence managerial decision-making regarding the career advancement of employees working from home. Despite a large body of research on the new modes of…
2025-08
Decomposing Trends in the Gender Gap for Highly Educated Workers
This paper examines the gender gap in log earnings among full-time, college-educated workers born between 1931 and 1984. Using data from the National Survey of College Graduates and other sources, we…
2025-08
How Religion Mediates the Fertility Response to Maternity Benefits
Do religious beliefs affect responses to fertility incentives? We examine a 1982 maternity benefits expansion in Estonia, Latvia and Lithuania in a difference-in-differences framework with similar East…
2025
The Native Mobility Response to Rising Refugees and Migrants in Turkey
This paper investigates the impact of international migration on internal mobility patterns in Turkey between 2014 and 2022. Using rich bilateral migration flow data, we explore heterogeneity by migrant…
2025
The Role of Working-From-Home for Maternal Employment Re-Entry after Childbirth
This study investigates how work-from-home (WFH) —by mothers and their male partners—shapes maternal employment re-entry after childbirth. Drawing on Conservation of Resources and Boundary Management…
2025-07
Strategic Complexity Promotes Egalitarianism in Legislative Bargaining
Strategic models of legislative bargaining predict that proposers can extract high shares of economic surplus by identifying and exploiting weak coalition partners. However, strength and weakness can…
2025-08
Antidepressant Treatment in Childhood
Mental illnesses emerge in childhood, making early intervention important. However, antidepressant treatment rates remain low following a controversial FDA warning. We provide some of the first evidence…
2025-08
Is This Really Kneaded? Identifying and Eliminating Potentially Harmful Forms of Workplace Control
In a large German bakery chain, many workers report negative perceptions of monitoring via checklists. We survey workers and managers about the value and time costs to all in-store checklists, leading…
2025-08
A Tale of Two Transitions: Mobility Dynamics in China and Russia after Central Planning
This paper examines intergenerational mobility in China and Russia during their transitions from central planning to market systems. We consider mobility as movement captured by changes in status between…
2025-08
Selection Bias and Racial Disparities in Police Use of Force
We study racial disparities in police use of force. A pervasive issue in studies of policing is that the available data are selected by the police. As a result, disparities computed in the observed sample…
2025-08
The Breakdown of the English Society of Orders: The Role of the Industrial Revolution
We study the role of the English Industrial Revolution in promoting social mobility and ending the society of orders: one based on rigid social categories and regulated by inherited characteristics. We…
2025-08
How Retrainable are AI-Exposed Workers?
We document the extent to which workers in AI-exposed occupations can successfully retrain for AI-intensive work. We assemble a new workforce development dataset spanning over 1.6 million job training…
2025
The Impact of Paid Paternity Leave Reforms on Divorce Rates in Europe
Using a panel dataset covering 27 European countries over a 53-year period, this study examines the relationship between paid paternity leave reforms and divorce rates. Controlling for policyrelated factors…
2025
Gender Equality Through Turnover: Quasi-experimental Evidence from Term Limit Reforms in Italy
We study whether term limits can accelerate women’s access to top political positions by analyzing two reforms in Italian local elections that extended mayoral term limits from two to three five-year…
2025-08
The Global Gender Distortions Index (GGDI)
The extent to which women participate in the labor market varies greatly across the globe. If such differences reflect distortions that women face in accessing good jobs, they can reduce economic activity…
2025-08
Information Frictions and the Labor Market for Public School Teachers
Information frictions—where a worker and her current employer know more about the worker’s productivity than prospective employers—have complex equity-efficiency implications in the teacher labor…
2025-08
Outsourcing, Labor Market Frictions, and Employment
We estimate the labor market impacts of Brazil’s 1993 outsourcing legalization using North-South variation in pre-legalization court permissiveness, and comparing security guards to less-affected occupations.…
2025-08
Which Individuals Create Jobs? Managerial Talent and Occupational Skills
We consider founders of limited liability firms who previously held jobs in the formal sector of Brazil. Managers are five percent of former job holders but their startups account for 27 percent of new…
2025
Germs in the Family: The Short- and Long-Term Consequences of Intra-Household Disease Spread
Preschool-aged children get sick frequently and spread disease to other family members. Despite the universality of this experience, there is limited causal evidence on the magnitudes and consequences…
2025
Climbing the Political Ladder with Legal Status: Evidence from the Immigration Reform and Control Act
We study how immigrant legalization affects political representation and public service delivery, focusing on the 1986 Immigration Reform and Control Act (IRCA), which granted legal status to nearly three…
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