Grant Category

The Labor Market

How does the labor market affect equitable growth? How does inequality in turn affect the labor market?

The labor market is one of the most important institutions determining economic growth and its distribution, as labor income is more than two-thirds of national income. Skill levels and the efficient matching of skills to jobs are key for economic growth. Yet the labor market is not a perfectly competitive market, but rather one that is regulated by a wide array of institutions that affect labor income and its distribution.

We need a better understanding of the two-way link between equitable growth and the labor market. How does the labor market affect equitable growth? How does inequality, in turn, affect the labor market?

  • The effect of the labor market on equitable growth
  • The effects of inequality on the labor market
  • The effects of productivity on the labor market

Explore the Grants We've Awarded

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Schedule stability for hourly workers

Grant Year: 2015

Grant Amount: $40,000

Grant Type: academic

Through an intervention with the major U.S. retailer, The Gap, this project tests whether shifting hourly workers to more stable, predictive schedules, and providing them with additional hours result in cost savings and increased productivity for businesses. In the first year of work, Williams and her team made significant progress, including the launch of a pilot program that will test schedule-stabilizing practices to inform the larger intervention.

From economic growth to decent jobs and middle class prosperity? Post-1979 U.S. employment performance in international perspective

Grant Year: 2014

Grant Amount: $39,000, Co-Funded with The Russell Sage Foundation

Grant Type: academic

Labor market institutions differ substantially across developed nations, and the result is a fair amount of variation in the quality of jobs created. This research will shed light on how economic growth translates into high-quality jobs characterized by decent wages and stability, or, in simple terms “good jobs.” The research will provide a detailed exploration of the quantity and quality of American employment growth since 1979 by economic sector, occupation and demographic group. It will conduct similar in-depth work on two other wealthy, large, and diverse countries, Canada and France, as well as a cross-country analysis of approximately 25 countries aimed at the same objective. The research will facilitate more nuanced comparisons between policy progress in the United States versus that of other developed nations.

Experts

Guest Author

John Kwoka

Northeastern University

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Guest Author

Jonathan Fisher

Washington Center for Equitable Growth

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Grantee

Francisco Garrido

Instituto Tecnológico Autónomo de México (ITAM)

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Grantee

Atif Mian

Princeton University

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Guest Author

Salvatore Morelli

University of Oxford

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