Ivonne Acevedo
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Do Industrial Robots Contribute to Unemployment and Lower Wages?
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Over the past few years, rapid advances in technology have posed greater threats to jobs, especially those vulnerable to automation. Recently, McKinsey published a report analyzing the technical feasibility of automation in several occupations and concluded that service, manufacturing, and construction industries are all at risk of automation. Yet, the…
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Understanding the Impact of Immigration on Labor Markets: A Tale of Two Miamis
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In 2015, the United Nations estimated an international migrant population of 243 million people around the world. Immigration has been a recurrent phenomenon in many economies and prompts a continuous debate regarding its impact on socioeconomic indicators — particularly within the labor market. However, analyzing the effects of immigration on…
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Leaning in or Leaning Out?
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The World Economic Forum estimates that for every dollar a woman earns, a man earns $1.54 in the United States. Holding all else equal, it would take the world 169 years to close the wage gap completely. This disparity has triggered an ongoing debate not only about the extent of…
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How Far Would You Travel for Work? Disentangling the Effects of Geography, Job Search and Employment
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After the financial crisis, the number of unemployed workers in the United States reached nearly 15 million in 2009 and the unemployment rate rose almost 10 percent in the same period. The slow recovery of the economy, and particularly of employment, has led to debate over the reasons for this…
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How Organizational Changes Can Increase Competitiveness: Evidence from Brazil
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Productivity is a fundamental concept in business because it encompasses how employees, firms, and the economy as a whole efficiently transform their inputs into outputs. From the macroeconomic perspective, productivity is often analyzed using aggregate industry data in order to better understand the trends and drivers of economic growth. Likewise,…
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Does Foreign Aid Have an Effect on Economic Growth? New Research Adds to the Debate
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This piece, first published on June 15, 2016, is being republished as part of the Chicago Policy Review‘s 20th Anniversary Series. Please visit us here to learn more about the series from our Executive Editors. There is an ongoing debate about the impact of international aid on growth, particularly in developing countries. Jeffrey Sachs and William Easterly represent the two primary strains…
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Does Foreign Aid Have an Effect on Economic Growth? New Research Adds to the Debate
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There is an ongoing debate about the impact of international aid on growth, particularly in developing countries. Jeffrey Sachs and William Easterly represent the two primary strains of thought in this debate. Sachs argues that foreign aid constitutes an important instrument to reduce poverty and foster development, while Easterly suggests that foreign aid fails to reach…
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To Ban the Box, or Not to Ban the Box? How Policy Change Can Affect Hiring and Employment
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Evidence suggests that Ban the Box policies in high-crime neighborhoods have a positive effect on employment, compared to other high-crime neighborhoods that have not yet implemented the measure. Adopting this measure could impact employment opportunities in high-crime neighborhoods, although more research is needed to fully understand the overall effect on…
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Standing out from the Crowd: How College Degrees, Internships, and Academic Performance Influence Hiring Decisions
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A new study uses experimental data from a resume audit to determine whether college degrees and internship experience have an impact on job opportunities for recent college graduates.
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The Complicated Relationship between Public Sector Employment and Governance in Low-Income Countries
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Evidence suggests that public sector workers in low-income countries have a wage premium relative to their private sector counterparts, despite the fact that they have lower quality governance. Improving the design of public sector personnel policies may have an impact on the quality of governance.
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Testing vs. Discretion: How Should Firms Hire Their Employees?
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New research analyzes how hiring decisions made using job assessments versus manager discretion impact employee retention and productivity.