The extent to which geographic distance is a barrier to technological knowledge transfer is of interest to governments of countries distant from centers of knowledge creation or technology production; to entrepreneurs deciding where to locate a new firm that will need to remain abreast of technological developments; and to national or local policy-makers seeking to influence the decisions of such entrepreneurs.
Currently, 70% of U.S. firms report difficulties in hiring skilled labor (Manpower Group, 2024), and labor scarcity is expected to aggravate in the future due to demographic change.
By David Autor, Caroline Chin, Anna Salomons, Bryan Seegmiller
Technological change transforms economies and labor markets, reshaping the types of jobs that are available, the wages they pay, and the skills they require.
A recent paper “Perpetuating Wage Inequality: Evidence from Salary History Bans” published in the Journal of Economic Inequality by scholars from TPRI (James Bessen, Erich Denk, and Chen Meng) has influenced policy.
In a new Working Paper, TPRI affiliates Filippo Mezzanotti and Timothy Simcoe study how firms shifted the composition of their R&D investments during the 2008 financial crisis.
Firms are increasingly investing in marketing activities; marketing assets are becoming an important component of firm capital. But how much do these investments contribute to economic growth?
Although numerous studies have investigated the aggregate employment effects of automation and digitalization, relatively little is known about the effects at the level of individual workers and along the gender dimension.
By Chi Heem Wong, Dexin Li, Nina Wang, Jonathan Gruber, Andrew W. Lo & Rena M. Conti
Gene therapy is a new class of medical treatment that alters part of a patient’s genome through the replacement, deletion, or insertion of genetic material.
It is well-known that firms commonly use “pay secrecy rules and practices” — contracts and internal rules prohibiting or strongly discouraging employees from disclosing their wages to coworkers.