In this study, we examine the question: What do executives gain from serving on boards? We propose that board service will benefit non-CEO level executives in the executive labor market by acting as a certification mechanism and also by providing access to unique knowledge, skills, and connections. We argue that non-CEO executives who gain directorships will be more likely to be promoted to CEO both inside and outside their home firm, will be more likely to be promoted internally, and will receive higher pay from their home firms. To test our ideas, we employ propensity score matching to construct a longitudinal sample of 2,104 top executives of large, publicly traded companies in the United States over the period 1996 to 2012. Results provide consistent support for our theory.

MacroEdge Research Highlights National Labor Market Softening with Over 255,000 Job Cuts in Q1, Echoing Sector-Wide Softening Trends

You can learn a lot about a person from their job. The same can be said of an economy. The market for jobs can us a lot about how the economy is doing, but more importantly, it is where we look to see who the economy is working for, and who is left behind. In today's lesson we'll visit two workplaces each facing a different labor puzzle. At one end, there's the question of when to replace a worker with a robot, and what it is like to be that worker waiting for the robots to come. We'll also visit a farm where raising wages aren't enough to attract the workers needed to do the work. How wages are set, and who gets the raises on this session of Summer School. | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney. |At this Summer School, phones ARE allowed during class... Check out this week's PM TikTok! | Listen to past seasons of Summer School here.

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This paper explores how oil price windfalls impact labor market regulation across 83 countries from 1970 to 2014.

Introducing CEB�s Global Talent Monitor

Tens of thousands of American workers are on strike and thousands more are attempting to unionize. WSJ examines the roots of this new labor activity and speaks with a labor economist for more context on U.S. labor’s changing landscape. Photo: Alyssa Keown/AP

Cambridge, MA. : National Bureau of Economic Research, 2023

National Bureau of Economic Research

National Bureau of Economic Research

National Bureau of Economic Research

National Bureau of Economic Research

National Bureau of Economic Research

National Bureau of Economic Research

National Bureau of Economic Research

National Bureau of Economic Research

National Bureau of Economic Research

National Bureau of Economic Research

Public Policy Institute of California researchers Magnus Lofstrom and Laura Hill discuss their research examining the potential labor market outcomes and other possible economic effects of a legalization program.

Public Policy Institute of California researchers Magnus Lofstrom and Laura Hill discuss their research examining the potential labor market outcomes and other possible economic effects of a legalization program. The discussion was moderated by Doris Meissner, MPI Senior Fellow and Director of the U.S. Immigration Policy Program, with comments from MPI Senior Policy Analyst Randy Capps and Sherrie A. Kossoudji, Associate Professor, School of Social Work, and Adjunct Professor, Department of Economics, University of Michigan.

This volume, which brings together research by leading economists and labor market specialists, examines the role immigrants play in the U.S. workforce, how they fare in good and bad economic times, and the effects they have on native-born workers and the labor sectors in which they are engaged. The book traces the powerful economic forces at play in today’s globalized world and includes policy prescriptions for making the American immigration system more responsive to labor market needs.

With the prospects for immigration reform greater than they have been in more than a decade and the U.S. economy slowly shrugging off the effects of the recession, the United States may be on the cusp of historic changes that make the immigration system a more effective tool for innovation, economic growth and the competitiveness of its firms—large and small. 

The release of MPI's book Immigrants in a Changing Labor Market and discussion with Jason Furman, Assistant to the President for Economic Policy and Principal Deputy Director of the National Economic Council; Harry Holzer, Georgetown University Professor of Public Policy; and MPI's Demetrios G. Papademetriou, Madeleine Sumption, and Michael Fix.

This report assesses how new immigrants to Spain fare in the country's labor market, evaluating the conditions under which they are able to find employment, and their progress out of unskilled work into middle-skilled jobs. The report is part of a series of six case studies on labor market outcomes among immigrants to European Union countries.

Many of Sweden's immigrants are refugees who lack the skills and education to gain employment soon after they arrive. Over time, however, newcomers to Sweden have improved their employment rates, displayed income growth similar to natives, and moved from low- to middle-skilled positions. This report assesses how new immigrants—refugees, labor migrants, and others—fare in Sweden's labor market.

This report analyzes how recent immigrants to France fare in the country's labor market over time. The research shows that new arrivals initially face a hostile labor market and ultimately improve their employment outcomes—but their process of labor market insertion and advancement is a slow one.

This report analyzes the labor market integration of recent immigrants to the United Kingdom. During the 2000s, a large influx of labor from Eastern European countries transformed the United Kingdom's immigrant population and labor market. The report finds that over time, these new arrivals showed some progress in moving out of the lowest-skilled jobs.