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The rise of the “gig economy” has attracted wide attention from both scholars and the popular media. Much of this attention has been devoted to jobs mediated through various online platforms. While non-traditional work arrangements have been a perennial subject of debate and study, the...
Persistent link: https://www.econbiz.de/10012911711
The Current Population Survey (CPS) is the source of official U.S. labor force statistics. The wording of the CPS employment questions may not always cue respondents to include informal work in their responses, especially when providing proxy reports about other household members. In a survey...
Persistent link: https://www.econbiz.de/10012913383
We study the effects of available student loan repayment plans on borrowers' career choices. By removing the risk of loan default, income driven repayment (IDR) plans make higher-paying but riskier jobs more attractive to those with moderate skill levels. We present experimental evidence that...
Persistent link: https://www.econbiz.de/10012914724
Laws in most Western European countries give workers strong job rights, including the right to advance notice of layoff and the right to severance pay or other compensation if laid off. Many of these same countries also encourage hours adjustment in lieu of layoffs by providing prorated...
Persistent link: https://www.econbiz.de/10013221078
The stylized fact that seniority and earnings in a cross-section are positively related, even after controlling for total labor market experience, has served as the basis for theoretical analyses of implicit labor contracts suggesting that workers post bonds in the form of deferred compensation...
Persistent link: https://www.econbiz.de/10013222655
Using a large data set that links individual Current Population Survey (CPS) records to employer-reported administrative data, we document substantial discrepancies in basic measures of employment status that persist even after controlling for known definitional differences between the two data...
Persistent link: https://www.econbiz.de/10013223603
This paper accounts for the observed increase in unemployment duration relative to the unemployment rate in the U.S. over the past thirty years, typified by the record low level of short-term unemployment. We show that part of the increase is due to changes in how duration is measured, a...
Persistent link: https://www.econbiz.de/10013234921
This study provides direct evidence concerning the relationship between experience and performance among managerial and professional employees doing similar work in two major U. S. corporations. The facts presented indicate that while, within grade levels, there is a strong positive association...
Persistent link: https://www.econbiz.de/10013234970
This study investigates where and when last-in-first-out permanent layoff policies seem to go hand in hand with compensation policies under which the net value of senior workers appears to be less than that of their junior peers. The investigation relies upon both the approximately 260 usable...
Persistent link: https://www.econbiz.de/10013236821
A firm's decision to contract out for business support services may be influenced by the wage and benefit savings it could realize, the volatility of its output demand and the availability of specialized skills possessed by the outside contractor. Analysis of newly-available establishment-level...
Persistent link: https://www.econbiz.de/10013239364