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DTSTART;TZID=America/New_York:20221017T101500
DTEND;TZID=America/New_York:20221017T113000
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UID:15072-1666001700-1666006200@growthlab.hks.harvard.edu
SUMMARY:The Value of Skills: New Evidence From Apprenticeship Plans
DESCRIPTION:The Growth Lab Research Seminar series is a weekly seminar that brings together researchers from across the academic spectrum who share an interest in growth and development. This seminar is co-sponsored by the Project on Workforce at Harvard University. 	Speaker: Christina Langer\, PhD candidate at KU Eichstaett-Ingolstadt\, Visiting Research Fellow at HKS\, Associate at the Growth Lab 	Abstract: We construct novel measures of worker skills that are directly relevant on the labor market\, objective\, and highly detailed. To do so\, we exploit the unique setting of the German apprenticeship system\, which mandates that the same skills are developed in a particular apprenticeship regardless of the training location. Skill requirements of apprenticeships are codified in state-approved\, nationally standardized apprenticeship plans. These plans not only provide information on the skill content of apprenticeships\, containing almost 20\,000 different skills\, but also on the exact duration a specific skill is learnt. We link the skill measures to administrative labor market data covering more than 40 years. Following apprenticed workers over their careers\, we find that workers who completed an apprenticeship that provides higher cognitive\, social\, or digital skills earn higher wages over long-run horizons. The returns to an additional month of learning these skills amounts to one-tenth to one-fifth of the return to a full year of schooling. Exploiting the long time coverage of our administrative data\, we document that particularly returns to digital skills have soared since the 1990s. Returns to social skills have also increased strongly over time\, while the increase in returns to cognitive skills is more muted. 	Whether attending in-person or virtually\, please register in advance. Room attendance is limited to the Harvard community. Seating availability is based on a first-come\, first-served basis. The Zoom webinar is open to the public. 	Contact Chuck McKenney with any questions. 
URL:https://growthlab.hks.harvard.edu/event/the-value-of-skills-new-evidence-from-apprenticeship-plans/
LOCATION:Weil Hall (Belfer L1) / Zoom (registration information below)
CATEGORIES:Academic Research Seminars
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DTSTART;TZID=America/New_York:20221024T101500
DTEND;TZID=America/New_York:20221024T113000
DTSTAMP:20250916T175433Z
CREATED:20221020T191700Z
LAST-MODIFIED:20250916T175433Z
UID:14923-1666606500-1666611000@growthlab.hks.harvard.edu
SUMMARY:Hyperspecialization and Hyperscaling: A Resource-based Theory of the Digital Firm
DESCRIPTION:The Growth Lab Research Seminar series is a weekly seminar that brings together researchers from across the academic spectrum who share an interest in growth and development. 	Speaker: Gianluigi Giustiziero\, Assistant Professor of Strategy\, IE Business School 	Abstract: Digital firms tend to be both narrow in their vertical scope and large in their scale. We explain this phenomenon through a theory about how attributes of firms’ resource bundles impact their scale and specialization. We posit that highly scalable resource bundles entail significant opportunity costs of integration (versus outsourcing)\, which simultaneously drive “hyperspecialization” and “hyperscaling” in digital firms. Using descriptive theory and a formal model\, we develop several propositions that align with observed features of digital businesses. We offer a parsimonious modeling framework for resource-based theorizing about highly scalable digital firms\, shed light on the phenomenon of digital scaling\, and provide insights into the far-reaching ways that technology-enabled resources are reshaping firms in the digital economy. 	Please register in advance\, and contact Chuck McKenney with any questions. \nAbout the speaker:  	Gianluigi Giustiziero is an Assistant Professor of Strategy at IE Business School. He received his PhD in Strategy from the University of Michigan. Inspired by the classical work of Adam Smith and George Stigler\, Gianluigi studies the impact of resource attributes and demand characteristics on the division of labor. At the time of their writing Adam Smith drew insights from butchers\, bakers and brewers in the Highlands of Scotland in 1776\, and George Stigler from the Lancashire textile industry in 1951; nowadays the productive system in developed economies is mainly devoted to the tertiary and quaternary sectors. Moving with the times\, Gianluigi applies and extends the classic theories to service and high-tech industries.
URL:https://growthlab.hks.harvard.edu/event/hyperspecialization-and-hyperscaling-a-resource-based-theory-of-the-digital-firm/
LOCATION:Zoom (registration information below)
CATEGORIES:Academic Research Seminars
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DTSTART;TZID=America/New_York:20221031T101500
DTEND;TZID=America/New_York:20221031T113000
DTSTAMP:20250916T175433Z
CREATED:20221027T180000Z
LAST-MODIFIED:20250916T175433Z
UID:15067-1667211300-1667215800@growthlab.hks.harvard.edu
SUMMARY:The Impact of Automation and the Covid-19 Pandemic on the Labor Market and the Causes of the Great Resignation
DESCRIPTION:The Growth Lab Research Seminar series is a weekly seminar that brings together researchers from across the academic spectrum who share an interest in growth and development. 	Speaker: R. Maria del Rio Chanona\, Postdoctoral Research Fellow\, Complexity Science Hub Vienna 	Abstract: In the first part of this talk\, we present a non-equilibrium and data-driven network model for understanding how workers adapt to changes in labor demand. In this model\, workers move through an empirically derived occupational mobility network in response to automation scenarios. We find that the network structure is essential in determining unemployment levels\, with occupations in particular areas of the network having few job transition opportunities. In the second part\, we discuss how the Covid-19 pandemic affected the economy and how it led to the Great Resignation (i.e.\, the U.S. record high quit rates reached 2021) in the longer term. We use Reddit data and text analysis to show that mental health concerns have increased among the job quitting discourse since the start of the pandemic\, likely contributing to the rise in quits. 	Whether attending in-person or virtually\, please register in advance. Room attendance is limited to the Harvard community. Seating availability is based on a first-come\, first-served basis. The Zoom webinar is open to the public.  \nAbout the speaker: 	Maria del Rio-Chanona has been a JSMF (James S. McDonnell Foundation) Postdoctoral Fellow at the Complexity Science Hub Vienna since June 2021 and affiliate at the Growth Lab at Harvard University’s Center for International Development (CID) for the Fall semester 2022. Maria has a PhD in mathematics from Oxford University\, where she was part of the complexity economics group of the Institute for New Economic Thinking\, Oxford Martin School. She has worked alongside international policy organizations\, including the International Monetary Fund and the International Labour Organisation. Maria did her undergraduate studies in physics at UNAM\, Mexico. Maria’s research draws from network science\, natural language processing\, and agent-based modeling and focuses on the future of work\, green transition\, Great Resignation\, and the economic impact of the Covid-19 pandemic.
URL:https://growthlab.hks.harvard.edu/event/the-impact-of-automation-and-the-covid-19-pandemic-on-the-labor-market-and-the-causes-of-the-great-resignation/
LOCATION:Weil Hall (Belfer L1) / Zoom (registration information below)
CATEGORIES:Academic Research Seminars
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