productivity

Seeking Advice from Technology

An algorithm can be simply defined as a set of instructions for solving a problem or accomplishing a task. Within many business domains, algorithms are rapidly taking over the decision-making abilities of humans. However, full aut ...

Do Part-time Jobs Attract Less Productive Workers? Evidence from Field Experiment on Data Entry Clerks in Ethiopia

We use a randomized field experiment to estimate a causal effect of part-time recruitment on labor productivity by identifying worker selection as a mechanism and using worker-level productivity data. In recruiting for data entry ...

Technology Innovation, Entrepreneurship, and Intellectual Property: Local Technology Spillovers of Multinational Firms

This paper identifies the causal effect of U.S. multinationals’ technology shocks on their subsidiaries’ and nearby domestic firms’ productivity in China. By combining firm-level data from both the U.S. and China ...

Technology Innovation, Entrepreneurship, and Intellectual Property: Measuring Innovation by New Products

We introduce a new measure of innovation based on important product launches by public firms in the US. Our measure is based on stock-market reactions to media articles – classified by a convolutional neural network approach ...