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Insights / Research BriefJun 28, 2021

Task-Based Discrimination

Erik Hurst, Yona Rubinstein, Kazuatsu Shimizu
One puzzle for researchers in recent decades surrounds two seemingly contradictory facts: The wage gap between Black and White men has remained stubbornly large in recent decades while, over the same period, racial discrimination has steadily declined. This divergence has occurred even as the racial gap in test scores, conditional on education, has also narrowed.
Topics:  Employment & Wages
Insights / Research BriefMay 25, 2021

Lifetime Earnings in the United States over Six Decades

Fatih Guvenen, Greg Kaplan, Jae Song, Justin Weidner
The stagnation of average earnings and rising income inequality in the United States since the 1970s has not only motivated economic research but has also informed discussions about political shifts among various demographics, as well as inspired policy debates about how to address this long-run phenomenon. This is especially true when it comes to the fate of male workers.
Topics:  Employment & Wages
Insights / Podcast episodeMay 19, 2021

College Sports: Show Me The Money

Eduardo Porter, Tess Vigeland, Matthew J. Notowidigdo, Michael McCann
Division I schools make billions off athletic programs, with close to two-thirds coming from men’s...
Topics:  Employment & Wages, Higher Education & Workforce Training
Insights / Podcast episodeMay 06, 2021

Discrimination is Expensive

Eduardo Porter, Tess Vigeland, Chang-Tai Hsieh, Erik Hurst
Preventing people from entering careers where they could maximize their potential places massive costs on...
Topics:  Employment & Wages
Insights / Research BriefMay 04, 2021

Tax Planning Knowledge Diffusion via the Labor Market

US corporations go to great lengths to avoid paying taxes, and some of those avoidance schemes—like moving profits to offshore tax havens—regularly make headlines. However, there are many more subtle techniques to reduce a corporation’s tax bill, and those methods are often practiced by tax accountants with firm- or industry-specific skills. Employing these tax experts can have beneficial effects and provide competitive advantages for firms.
Topics:  Employment & Wages, Tax & Budget
Insights / Research BriefApr 22, 2021

Productivity Growth and Workers’ Job Transitions: Evidence from Censal Microdata

Elias Albagli, Mario Canales, Chad Syverson, Matias Tapia, Juan Wlasiuk
Imagine that you are looking for a new job at a different company, and that you are considering employers that would pay you more money for your skills than you are currently receiving. From an economist’s point of view, you are necessarily seeking a job at a firm that is more productive than your current employer. Why? Because if the new company is able to pay more for similar skills, it must make more productive use of those skills, which allows it to share some of those productivity gains with you in the form of a higher salary.
Topics:  Employment & Wages
Insights / Podcast episodeApr 07, 2021

WFH… Forever?

Eduardo Porter, Tess Vigeland, Steven J. Davis, Kate Lister
The pandemic forced many Americans into a mass social experiment: working from home (WFH). Now,...
Topics:  COVID-19, Employment & Wages
Insights / Podcast episodeFeb 25, 2021

The Surprising Results of Pandemic Unemployment Benefit‪s‬

Eduardo Porter, Tess Vigeland, Peter Ganong, Fiona Greig
In March 2020, the CARES Act expanded who was eligible for unemployment benefits, how much...
Topics:  COVID-19, Employment & Wages