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Marco Pagano (University of Naples Federico II)

25 May 2022 @ 12:00 - 13:15


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25 May 2022
12:00 - 13:15
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Academic Events

“JAQ of All Trades: Job Mismatch, Firm Productivity and Managerial Quality”

Abstract. Does the matching between workers and jobs help explain productivity differentials across firms? To address this question we develop a job-worker allocation quality measure JAQ by combining employer-employee administrative data with machine learning techniques. The proposed measure is positively and significantly associated with labor earnings over workers’ careers. At firm level, it features a robust positive correlation with firm productivity, and with managerial turnover leading to an improvement in the quality and experience of management. JAQ can be constructed for any employer-employee data including workers’ occupations, and used to explore the effect of corporate restructuring on workers’ allocation and careers.