We present an equilibrium theory of the organization of work in an economywhere knowledge is an essential input in production and agents are heterogeneousin skill. Agents organize production by matching with others in knowledgehierarchies designed to use and communicate their knowledge...

How does the formation of cross-country teams affect the organization of workand the structure of wages? To study this question, we propose a theory of theassignment of heterogeneous agents into hierarchical teams, where less skilledagents specialize in production and more skilled agents...

How does the formation of cross-country teams affect the organization of work and the structure of wages? To study this question, we propose a theory of the assignment of heterogeneous agents into hierarchical teams, where less skilled agents specialize in production and more skilled agents...

Economics

Economics

After many years of large drops in the cost information and communicationtechnology, the evidence on its impact on productivity growth in non-IT produc-ing sectors continues to be mixed.We propose a framework to study the impactof information and communication technology on growth through its...

Why do firms decide to offshore certain parts of their production process? Whatqualifies certain countries as particularly attractive locations to offshore? In thispaper we address these questions with a theory of international production hierarchiesin which organizations arise endogenously to...

Since the seminal work of Katz and Murphy (1992), the study of wage inequalityhas taken as its starting point a neoclassical CES production function using as inputscapital and low and high skill labor. This approach assumes that the organization ofproduction is fixed and determined by a...