Calendrier du 17 octobre 2019
Development Economics Seminar
Du 17/10/2019 de 16:30 à 18:00
() TBA;
La séance est annulée
Macroeconomics Seminar
Du 17/10/2019 de 15:45 à 17:00
PSE - 48 boulevard Jourdan, 75014 Paris, salle R2-02
GUNER Nezih (UAB, CEMFI)
Training, Offshoring and the Job Ladder
écrit avec Alessandro Ruggieri and James Tybout
Over the past 30 years, skill premiums have grown, jobs in the middle of the skill distribution have become relatively scarce, and job and worker turnover rates have declined. At the same time, the fraction of the population attending college has grown, much of the manufacturing work force has shifted into services, and employers' investments in on-the-job training have increasingly favored high-skilled workers. This paper
interprets these patterns through the lens of a dynamic structural model that explains workers' human capital accumulation, unemployment spells, and earnings trajectories over their life cycles. Offshoring and import competition shift job creation away from trade-exposed occupations, thereby changing job offer arrival rates for each worker type, increasing incentives to invest in college degrees, and shifting patterns of employers' investments in on-the-job training. A quantitative example shows the model can replicate observed changes in U.S. labor markets.
Travail et économie publique externe
Du 17/10/2019 de 12:30 à 13:45
PSE- 48 boulevard Jourdan, 74014 Paris, salle R2-02
URZUA Sergio (University of Maryland)
Shooting Stars? Firms and Education as Mediators of the Returns to Skills
écrit avec Co-author: F. Saltiel
In the context of skill-biased technological change, understanding the nature and the mechanisms through which skills result in improved labor market outcomes is of critical importance. In this paper, we take advantage of three administrative data sources to estimate the labor market returns to skills in the labor market. We first test for non-linearities in these returns and find that the returns to mathematical skills are highly non-linear, with math skill ’superstars’ far outearning other high math scorers. Meanwhile, the returns to language skills are largely flat through the early career. We find that high math-skilled workers not only complete more years of education, but graduate from higher quality universities and earn higher-paying degrees. We further examine the role of firms as a mediator of the returns to skills, a dimension not previously explored in the literature. We find that high-skilled workers match to high-paying firms immediately upon labor market entry. We conduct a decomposition to examine the separate contribution of education and firms in mediating the returns to skills, and find that worker-firm matching explains almost half of the estimated returns.
Texte intégral
PSE Internal Seminar
Du 17/10/2019 de 12:00 à 13:30
salle R1-09, campus Jourdan - 75014 Paris
We present the preliminary results from a lab experiment investigating how economic inequality and network structure affect public good provision. We frame the experiment as a local public good game: in the lab, subjects are assigned a network position, and an endowment to be split between a private good and a public good that benefits direct neighbors as well. Our aim is to test the behavioral validity of the equilibrium predictions, and whether subjects are able to coordinate away from equilibrium to maximize welfare.