Essays in Labor Economics /

This dissertation consists of two parts. The first part concerns how and to what extent the worker-firm rent-sharing mechanism confounds the estimates of the return to tenure. This study finds that the worker-firm rent-sharing responses empirically create a large downward bias in the return to job t...

Full description

Bibliographic Details
Main Author: Ding, Ning (Author)
Format: Thesis Book
Language:English
Published: Ann Arbor : ProQuest Dissertations & Theses, 2022
Subjects:
LEADER 03427ntm a22003613i 4500
001 3ff6da2b-381a-45fd-af8d-c2e5eca1be00
005 20230618000000.0
008 220711s2022 miu|||||om |||| ||eng d
020 |a 9798834008804 
035 |a (MiAaPQD)AAI29169212 
040 |a MiAaPQD  |b eng  |c MiAaPQD  |e rda 
100 1 |a Ding, Ning,  |e author 
245 1 0 |a Essays in Labor Economics /  |c Ning Ding 
264 1 |a Ann Arbor :  |b ProQuest Dissertations & Theses,  |c 2022 
300 |a 1 electronic resource (176 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
500 |a Advisors: Mogstad, Magne Committee members: Bonhomme, Stephane; Lamadon, Thibaut 
502 |b Ph.D  |c The University of Chicago, Division of the Social Sciences, Kenneth C. Griffin Department of Economics  |d 2022. 
510 4 |a Dissertations Abstracts International,  |c Volume: 83-12, Section: A 
520 |a This dissertation consists of two parts. The first part concerns how and to what extent the worker-firm rent-sharing mechanism confounds the estimates of the return to tenure. This study finds that the worker-firm rent-sharing responses empirically create a large downward bias in the return to job tenures in the context of the Norwegian labor market. I conduct detailed analyses on potential sources of biases. I argue that workers' job mobility not only depends on the differences in the origin and destination firms' time-invariant pay premiums but also on the realizations of their firm-specific wage innovations. I show that the between-firm differences in the firm-specific wage innovations play a dominating role in driving the large downward bias in the previous return-to-tenure estimates. The estimated firm-specific time-varying pay premiums are positively correlated with but not sufficiently explained by firm-level productivity measures such as value-added or firm sizes. Instead, I find that alternative measures, such as employment shares of newly hired workers, which capture the booms and busts and the compositional changes in employment at the firm level, are good proxies to help reduce biases.In the second part, we quantify how labor supply elasticities and reservation wages vary between people and over time, and infer workers' valuation of flexibility in their choices of work hours. Economists and policymakers are keenly interested in these quantities, especially lately with the growth in jobs that offer flexible work schedules. Our study takes advantage of a large natural field experiment at Uber, the largest ride-sharing company. Combining this experiment with high frequency panel data on wages and individual work decisions, we estimate a dynamic labor supply model that let us recover reservation wages, labor supply elasticities, and workers valuation of flexibility 
546 |a English 
590 |a School code: 0330 
653 |a Destination firms 
653 |a Flexibility 
653 |a Labor supply model 
653 |a Supply elasticities 
653 |a Wages 
710 2 |a University of Chicago  |e degree granting institution. 
720 1 |a Mogstad, Magne  |e degree supervisor 
792 |a 2022 
999 1 0 |i 3ff6da2b-381a-45fd-af8d-c2e5eca1be00  |l 13017827  |s US-ICU  |m essays_in_labor_economics__________________________________________________2022_______proqut________________________________________ding__ning_________________________e