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Insights / Podcast episodeDec 12, 2023

The Economics of Reproductive Choice

Tess Vigeland, Yana Gallen
Women who have unplanned births experience earnings losses of up at 25%, while planned births...
Topics:  Employment & Wages
Insights / Research BriefDec 07, 2023

Polarizing Corporations: Does Talent Flow to “Good” Firms?

Emanuele Colonnelli, Thomas Rauter, Olivia Xiong
Jobseekers prefer companies that demonstrate ESG practices, with the strongest preferences among those who are highly educated, white, and politically liberal. The adoption of ESG practices increases total economic output and worker welfare, and widens the wage gap between skilled and unskilled workers.
Topics:  Employment & Wages
Insights / Research BriefNov 07, 2023

Why is Trade Not Free? A Revealed Preference Approach

Rodrigo Adão, Arnaud Costinot, Dave Donaldson, John Sturm
Redistributive trade protection accounts for a significant fraction of tariff variation in the US and causes large monetary transfers between US individuals, mostly driven by differences in the social value of transfers across individuals employed in different sectors.
Topics:  Employment & Wages
Insights / Podcast episodeOct 31, 2023

Many US Prisoners Do Return to Society: What Job and Earning Prospects Await Them?

Evan K. Rose, Tess Vigeland
The United States imprisons its population at a rate that is on par with North...
Topics:  Employment & Wages
Insights / Research BriefOct 19, 2023

One Giant Leap: Emancipation and Aggregate Economic Gains

Richard Hornbeck, Trevon Logan
The emancipation of enslaved people in the United States, following the Civil War of 1861-65, generated aggregate economic gains worth the equivalent of a 4% to 35% increase in US aggregate productivity (7 to 60 years of technological innovation). Emancipation decreased output, but sparked dramatic aggregate economic gains by decreasing costs substantially more.
Topics:  Employment & Wages
Insights / Research BriefOct 19, 2023

Labor Market Impacts of Reducing Felony Convictions

Dmitri Koustas, Amanda Y. Agan, Andrew Garin, Alexandre Mas
Retroactively reducing felonies to misdemeanors leads to employment benefits forindividuals who (likely) requested their reductions, but no benefits among the larger subset of individuals whose records were reduced without their involvement.
Topics:  Economic Mobility & Poverty, Employment & Wages
Insights / Research BriefOct 06, 2023

Committing to Grow: Privatizations and Firm Dynamics in East Germany

Ufuk Akcigit, Harun Alp, André Diegmann, Nicolas Serrano-Velarde
After the fall of the Iron Curtain and the privatization of businesses, Germany required new owners of East German assets to commit to employment targets, resulting in a 22% points higher annual employment growth rate, a 14% points higher annual productivity growth, and a 3.6% points higher probability of exit for firms with binding employment targets. Without these targets, aggregate employment in these firms would have been 15% lower after 10 years.
Topics:  Employment & Wages
Insights / Research BriefSep 19, 2023

The Labor Market Returns to Delaying Pregnancy

Yana Gallen, Juanna Schrøter Joensen, Eva Rye Johansen, Gregory F. Veramendi
Unplanned pregnancies halt women’s career progression and result in income losses of 20% five years after an initial contraceptive failure. The detrimental effects of unplanned children are larger for younger women and women enrolled in education. In contrast, planned children have minimal impacts on women’s labor market outcomes.
Topics:  Employment & Wages