Related papers: Skill Substitution, Expectations, and the Business…
Graduation and dropout rates have always been a serious consideration for educational institutions and students. High dropout rates negatively impact both the lives of individual students and institutions. To address this problem, this…
This paper develops a new framework to analyze the incidence of labor market shocks, focusing on automation and artificial intelligence. Central to our theory is the distance-dependent elasticity of substitution (DIDES), where worker…
The COVID-19 pandemic disrupted schooling worldwide, raising concerns about widening educational inequalities. Using population-level administrative data from the Netherlands (N = 1,471,217), this study examines how socio-economic…
Adverse economic shocks are known to reshape voter behavior -- the demand side of politics. Much less is known about their consequences for the supply side: how such shocks affect who becomes a politician. This paper examines how job losses…
We examine the possible consequences of a change in law school admissions in the United States from an affirmative action system based on race to one based on socioeconomic class. Using data from the 1991-1996 Law School Admission Council…
We study how the design of admissions policies affects the ability of students admitted to universities. In our model, applicants have a multi-dimensional ability, which is a combination of a "type" and a "soft skill." Universities may…
We investigate the impact of artificial intelligence (AI) adoption on skill requirements using 14 million online job vacancies from Chinese listed firms (2018-2022). Employing a novel Extreme Multi-Label Classification (XMLC) algorithm…
Mathematicians have traditionally been a select group of academics that produce high-impact ideas allowing substantial results in several fields of science. Throughout the past 35 years, undergraduates enrolling in mathematics or statistics…
We systematically investigate the effect heterogeneity of job search programmes for unemployed workers. To investigate possibly heterogeneous employment effects, we combine non-experimental causal empirical models with Lasso-type…
We study the impacts of business cycles on machine learning (ML) predictions. Using the S&P 500 index, we find that ML models perform worse during most recessions, and the inclusion of recession history or the risk-free rate does not…
Every year in each university many students are graduated holding a first university degree. For example Bachelor degree in Computer Science. Most of those students have a motivation to continue with further studies to get higher education…
What happens if selective colleges change their admission policies? We study this question by analyzing the world's first implementation of nationally centralized meritocratic admissions in the early twentieth century. We find a persistent…
This work examines the economic benefits of learning a new skill from a different domain: cross-skilling. To assess this, a network of skills from the job profiles of 14,790 online freelancers is constructed. Based on this skill network,…
In this paper the authors discuss their experiences with ungrading at a small public university in the U.S. as well as a large public university in Germany. The courses described are Calculus 1, Mathematics for Liberal Arts, and courses for…
Many recent studies emphasize how important the role of cognitive and social-emotional skills can be in determining people's quality of life. Although skills are of great importance in many aspects, in this paper we will focus our efforts…
This paper shows that group composition shapes the effectiveness of labor market training programs for jobseekers. Using rich administrative data from Germany and a novel measure of employability, I find that participants benefit from…
China's structural changes have brought new challenges to its regional employment structures, entailing labour redistribution. By now Chinese research on migration decisions with a forward-looking stand and on bilateral longitudinal…
This paper examines whether artificial intelligence (AI) acts as a substitute or complement to human labour, drawing on 12 million online job vacancies from the United States spanning 2018-2023. We adopt a two-pronged approach: first,…
From industry to government to academia, attracting and retaining science, technology, engineering, and mathematics majors is recognized as a key element of the 21$^{\text{st}}$ century knowledge economy. The ability to retain students…
We study the impact of low-skilled immigration in a general equilibrium search and matching model, with heterogeneous workers producing intermediate goods, which are used in the production of two final goods. In addition to…