Labor, IO, and market power economics. All views are my own and not my employer's. He/him.
Joined October 2017
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Michael Lipsitz retweeted
I’m proud of this paper with Takuya Hiraiwa (his first publication!) and @MichaelLipsitz. We also had an excellent editor and reviewer team from @restatjournal, who improved the paper and turned it around quickly.
Check it out!
Firms are not willing to give workers earning $100k a small raise for the ability to enforce their noncompetes. Just Accepted new paper by Takuya Hiraiwa, Michael Lipsitz (@MichaelLipsitz), and Evan Starr (@evanpstarr) zurl.co/vv4u
Great to see this out in print! Firms reveal that they have a low WTP for noncompetes by not boosting workers' earnings over a legal threshold.
Thanks to @restatjournal, our editor, and our referees for a fantastic (and quick!) review process!
Firms are not willing to give workers earning $100k a small raise for the ability to enforce their noncompetes. Just Accepted new paper by Takuya Hiraiwa, Michael Lipsitz (@MichaelLipsitz), and Evan Starr (@evanpstarr) zurl.co/vv4u
Michael Lipsitz retweeted
"Compared to the shareholder-value maximizing compensation packages, executives are paid too much, too soon, and keep their jobs for too long."
cepr.org/publications/dp1961…
Michael Lipsitz retweeted
More great coverage of our working paper on college proximity! 😎 @KalenaCortes @CamilaNtMorales @Lois_Miller
Thanks, @insidehighered & @jolonso_!
New Research Emphasizes Importance of College Proximity
Distance plays an outsize role in students’ academic outcomes, especially for certain minority students, according to two studies out of Texas and California. bit.ly/3NLbEgG
ALT Illustration: A long, twisting road is shown between a house and college.
As someone who's been on both sides, these are HUGE. Incentives don't always push researchers towards caring about benefit-cost implementation. But these things are often really easy to implement--different reporting, a quick appendix, etc.--and they can make a big difference
Some helpful recommendations on motivating policymakers to use the results from your papers for benefit-cost analysis: whitehouse.gov/wp-content/up…
Michael Lipsitz retweeted
The preliminary programme is now out for the third annual @CMAgovUK-@durham_uni workshop on 14-15 November.
With contributions by @JoelStiebale, @MichaelLipsitz, @toxvaerd1 and others, and a keynote by the great @TomValletti.
cma-partnership.webspace.dur…
1/2
Michael Lipsitz retweeted
This cool paper shows that robot adoption in Japan led to INCREASED employment! Nice new evidence on the debate about the effects of robots on employment.
Does the adoption of industrial robots help or hurt employment? "Robots and Employment: Evidence from Japan, 1978–2017" from the Journal of Labor Economics investigates this question. Read the findings here: ow.ly/vS9j50TGQJy @SOLE_Labor_Econ
ALT Journal of Labor Economics
Interesting paper on the distributional consequences of market power. Goes along with @LeistenEcon 's work on market power and inequality, though here there's an industry-specific (credit-based) mechanism
``The credit card monopoly of 1980s hurt low income households the most. Competitive reforms to the industry in 1970s & 1980s promoted competition => large welfare gains for the poorest U.S. households."
New paper from @KyleHerkenhoff & Raveendranathan:
restud.com/who-bears-the-wel…
C'mon, negative probabilities were one thing, but now you're just pulling my leg
Physicists showed that photons can seem to exit a material before entering it, revealing observational evidence of negative time trib.al/2uhHNFp
Michael Lipsitz retweeted
The next meeting of the NBER Innovation Information Initiative (I3) Technical Working Group will be held on December 6 and 7, 2024 immediately following the NBER Place-Based Policies and Entrepreneurship meeting.
There will be an in-person meeting in Cambridge, MA along with a virtual component on Zoom for those who are unable or choose not to attend in person. Presenters are encouraged to attend in-person.
This meeting is supported by the Alfred P. Sloan Foundation.
The aim of I3 is to support the production and dissemination of open data for research on innovation, science, entrepreneurship, and related fields. The Technical Working Group will feature "deep dive"
presentations of novel datasets or research tools (including efforts in progress that would benefit from community feedback or collaboration) that are or will be made openly available.
We are primarily interested in presentations on new data and tools rather than research findings. Please submit either (a) an extended abstract of five pages or less describing the new dataset or tool you
propose to present, its potential value to the research community, and your plans for public dissemination, or (b) a research paper that fully describes data construction (or has a comprehensive data
appendix) along with a short cover note describing the value of the dataset (or tool) to the research community, what you would focus on in your presentation, and your plans for dissemination.
If you have a paper you would like considered for presentation, please upload it here
conference.nber.org/confsubm… by 11:59 pm EST on September 27, 2024.
Submissions from researchers with and
without NBER affiliations, from early career scholars, and from researchers from under-represented groups are welcome.
The presentations will also be livestreamed on the NBER's YouTube channel and students, colleagues or others who might be interested may watch the presentations.
@I3Open
Pretty cool results on the effects of banning suspensions: schools start classifying students as having disabilities when they can't be suspended!
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Michael Lipsitz retweeted
I'm presenting my paper on technological change and inequality at the @nberpubs Wage Dynamics in the 21st Century program. You can tune in on YouTube and see the program (which looks fantastic) here: nber.org/conferences/wage-dy…
Also - here's a Twitter 🧵 summarizing the paper:
Michael Lipsitz retweeted
My first time on-air (and hopefully not the last). Thanks @joedowntownlv for having me on!
knpr.org/show/knprs-state-of…
Michael Lipsitz retweeted
🚨 Excited to announce our paper in @AnnualReviews! 🚨"Monopsony Power in the Labor Market: From Theory to Policy", w. a typology of policies and monopsony models (oligopsony, job differentiation, and search). Co-authored w. @joseazar. annualreviews.org/content/jo… #Monopsony #Antitrust
Michael Lipsitz retweeted
So proud to finally have “The Risk & Return of Impact Investing Funds” out in @J_Fin_Economics ! Couldn’t have asked for better coauthors in Kelly Posenau and @LyuTianshu. Ungated version, and 🧵 to follow
authors.elsevier.com/c/1jh8L…
Michael Lipsitz retweeted
What happens when employees own some of the firm? They’re more satisfied with their jobs. New @iza_bonn paper on employee-owned firms (EOFs) through ESOPs and @Glassdoor reviews. Larger satisfaction boon when ESOP collectively bargained or workers own more papers.ssrn.com/sol3/papers.…
Michael Lipsitz retweeted
Please DM or email me if you are interested in these positions or know someone who might be!
Two new searches announced @DukeSanford:
Senior climate
Duke University, Sanford School of Public Policy (academicjobsonline.org)
Junior criminal justic policy
Duke University, Sanford School of Public Policy (academicjobsonline.org)
Applications due 09/15!
