#laborecon — Public Fediverse posts

Easy A’s, Less Pay: The Long-Term Effects of Grade Inflation https://www.nber.org/papers/w34952
"Being assigned a higher average grade inflating teacher reduces a student's future test scores, the likelihood of graduating from high school, college enrollment, and ultimately earnings. In contrast, passing grade inflation reduces the likelihood of being held back and increases high school graduation, with limited long-run effects. The cumulative impact is economically significant: a teacher with one standard deviation higher average #gradeInflation reduces the present discounted value of lifetime earnings of their students by $213,872 per year"
#LaborEcon #wages #Incentives

Closing the gap between vocational and general #education? Evidence from University Technical Colleges in England http://eprints.lse.ac.uk/128193/7/jhr.0223-12768R1.full.pdf
"For students who enter at the non-conventional transition age 14, UTCs have a large detrimental effect on the probability of reaching an acceptable level of English and maths two years later in GCSEs national exams
… For students who enter at the more conventional transition age 16, the results reveal a more positive story. Although UTCs lead to some deterioration in academic achievement at upper secondary level (A-levels), this is far out-weighed by an improvement in vocational qualifications at the same level. UTCs do not influence the probability of going on to university, but they strongly influence the probability of undertaking a #STEM degree, an outcome which has been shown to be associated both with higher earnings and with improved productivity and economic growth …corresponding increase in the probability of being in sustained #employment, which increases by 9 percentage points. There is also a high earnings’ return that this stage, for those in employment.
… Findings highlight the risks of early #specialisation and benefits of aligning #education with students' interests at a suitable stage."
#LaborEcon #vocationalTraining #wages

Peer pressure or personal choice? How peer working hours shape individual working hours preferences https://d.repec.org/n?u=RePEc:zbw:ifsowp:315193&r=&r=exp
"We show that colleagues’ working hours causally affect working hours preferences. The reasons given by the respondents for choosing the stated working hours, by contrast, are primarily personal. This shows that preferences are socially determined, even if they are rationalised in individualistic terms. Our findings emphasise the importance of collective action for working time policy and highlight methodological challenges that need to be considered when analysing and interpreting working time preferences."
#LaborEcon #ExperimentalEcon

The Race between #Technology and Woman: Changes in Gender and Skill Premia in OECD Countries https://arxiv.org/abs/2005.12600
"… advances in information, communication, and computation technologies contribute significantly to narrowing the #GenderWageGap, widening the skill wage gap, and declining labor shares."
#LaborEcon #wages

Nonlinear trend of percentage for #layoff / #unemployment was changed to be flatter as adding the new value of Mar. 2023 that is a start of the new trend. This is not a good news. BY #mathgpt with #AI (lines combined method). 3/

#job #economics #AI財經 #laborecon #mathai #technology #labor #layoff #AI經濟 #教育 #投資 #論文 #unemployment #job @board @economics @laborecon

The trend of percentage for #layoff / #unemployment was changed to be flatter as adding the new value of Mar. 2023 that is a start of the new trend. This is not a good news. BY #mathgpt with #AI (lines combined method). 2/

#economics #AI #mathgpt #mathai #technology #labor #layoff #laborecon #AI經濟 #AI財經 #教育 #投資 #論文 #unemployment #job @board @economics

Recent trend of #layoffs has decreaseed on the average of 4.286 thousands per month since Oct. 2022. The new adding 833 thousand persons let the power of trend weaken, so the new value of Mar. 2023 will be a start of the new trend. BY #mathgpt with #AI (lines combined method).

#AI #mathgpt #mathai #technology #labor #layoff #laborecon #AI經濟 #AI財經 #教育 #投資 #論文 #unemployment #job

@economics @board @laborecon @academicchatter
Compare the latest trends when the value of Mar. 2023 was added. The outcomes are calculated by MathGPT for numerical modelling (lines combined method) software. Here we can find that the US nonfarm private payrolls started stopping the decline tendency. But the downward trend is not turn around yet. 3/

#AI #mathgpt #mathai #technology #labor #payroll #laborecon #AI經濟 #AI財經 #教育 #投資 #論文

@economics @board @laborecon
Update trends of US Total Nonfarm Private Payroll Employment during Jan. 2010 ~ Mar. 2023, using MathGPT for numerical modelling (lines combined method) software.

Since we add the new observation, value of Mar. 2023, the change occurred on the slope of 423.749 (till Feb. 2023) to 396.399 (till Mar. 2023).

#AI財經 #AI經濟 #AI #mathgpt #mathai #technology #economics #employment #laborecon #科技

@economics @board @laborecon
Update trend of ADP nonfram payrolls. The latest trend shows the average decrease of 387.49 (till Feb. 2023) to 323.89 (till Mar. 2023) thousands of persons per month. The nonfarm payrolls trend has declined slowly.

#mathgpt #mathai #ai #technology #nonfarm #AI財經 #AI經濟 #laborecon #economics #econmastodon #econdon

@economics @board

Main findings:

1. ADP nonfarm payrolls had been growing slowly than before, seen average increase of 205.3 thousands per month. So the values in Green are less than ones in Orange.

2. The ADP nonfarm payrolls were lower than the values in Orange and in Green which are the trend level of payrolls without COVID-19 shock.

#AI經濟 #AI #mathgpt #mathai #technology #economics #employment #laborecon 3.1/

Countries with higher initial scores for #GenderEquality under law exhibit more rapid subsequent income convergence

Just-released research by Can Sever of the #IMF #NewPaperAlert #LaborEcon #DevEcon —> https://ssrn.com/abstract=4184696

Released today by #IZA Bonn, my new Policy Paper:

“Pathways for Labor Migration from Northern Central America: Five Difficult but Necessary Proposals”

https://www.iza.org/publications/pp/195
#LaborEcon #Immigration #DevEcon

'Moving toward a Better Future? #Migration and Children’s Health and Education'

In a 19-year longitudinal survey of households in Tanzania, children who migrate to cities rather than to other rural areas have greater height, weight, and education as adults.

Research recently published by @[email protected] of @[email protected] —> https://doi.org/10.1086/713931 #DevEcon #Laborecon #Economics @devecon @laborecon