The Visible Hand

Introducing a six-episode season devoted to the intersection between health and organisational economics.

The paper discussed in this episode is “Answering the Call of Automation: How the Labor Market Adjusted to Mechanizing Telephone Operation” by James Feigenbaum and Dan Gross.

Papers mentioned in this episode include:

Acemoglu, D., & Restrepo, P. (2019). Automation and new tasks: How technology displaces and reinstates labor. Journal of economic perspectives, 33(2), 3-30.

Autor, D., Chin, C., Salomons, A., & Seegmiller, B. (2024). New frontiers: The origins and content of new work, 1940–2018. The Quarterly Journal of Economics, qjae008.

Gordon, R. (2017). The rise and fall of American growth: The US standard of living since the civil war. Princeton university press.

The paper discussed in this episode is “Drilling Deadlines and Oil and Gas Development” by Evan Herrnstadt, Ryan Kellogg, and Eric Lewis.

Papers mentioned in this episode include:

Hendricks, K., Porter, R. H., & Tan, G. (1993). Optimal selling strategies for oil and gas leases with an informed buyer. The American Economic Review, 83(2), 234-239.

Laffont, J. J., & Tirole, J. (1986). Using cost observation to regulate firms. Journal of political Economy, 94(3, Part 1), 614-641.

Rust, J. (1987). Optimal replacement of GMC bus engines: An empirical model of Harold Zurcher. Econometrica: Journal of the Econometric Society, 999-1033.

The paper discussed in this episode is “Violence Against Women at Work” by Abi Adams-Prassl, Kristiina Huttunen, Emily Nix, and Ning Zhang.

Papers mentioned in this episode include:

Folke, O., & Rickne, J. (2022). Sexual harassment and gender inequality in the labor market. The Quarterly Journal of Economics, 137(4), 2163-2212.

The paper discussed in this episode is “Gang Rule: Understanding and Countering Criminal Governance” by Christopher Blattman, Gustavo Duncan, Benjamin Lessing, and Santiago Tobón.

Papers mentioned in this episode include:

Blanes i Vidal, J., & Kirchmaier, T. (2018). The effect of police response time on crime clearance rates. The Review of Economic Studies, 85(2), 855-891.

The paper discussed in this episode is “Coordination and Organization Design: Theory and Micro-Evidence” by Wouter Dessein, Desmond Lo, and Chieko Minami.

Papers mentioned in this episode include:

Aghion, P., & Tirole, J. (1997). Formal and real authority in organizations. Journal of political economy, 105(1), 1-29.

Alonso, R., Dessein, W., & Matouschek, N. (2008). When does coordination require centralization?. American Economic Review, 98(1), 145-179.

Bloom, N., Sadun, R., & Van Reenen, J. (2012). The organization of firms across countries. The quarterly journal of economics, 127(4), 1663-1705.

Dessein, W., Garicano, L., & Gertner, R. (2010). Organizing for synergies. American Economic Journal: Microeconomics, 2(4), 77-114.

Dessein, W., & Santos, T. (2006). Adaptive organizations. Journal of political Economy, 114(5), 956-995.

Garicano, L., & Rayo, L. (2016). Why organizations fail: Models and cases. Journal of Economic Literature, 54(1), 137-192.

The paper discussed in this episode is “To Follow the Crowd? Benefits and Costs of Migrant Networks” by Yulu Tang.

Papers mentioned in this episode include:

Beaman, L. A. (2012). Social networks and the dynamics of labour market outcomes: Evidence from refugees resettled in the US. The Review of Economic Studies, 79(1), 128-161.

Borusyak, K., & Hull, P. (2023). Nonrandom exposure to exogenous shocks. Econometrica, 91(6), 2155-2185.

The paper discussed in this episode is “Should Top Surgeons Practice at Top Hospitals? Sorting and Complementarities in Healthcare”, by Pauline Mourot.

Papers mentioned in this episode include:

Abowd, J. M., Kramarz, F., & Margolis, D. N. (1999). High wage workers and high wage firms. Econometrica, 67(2), 251-333.

Bonhomme, S., Lamadon, T., & Manresa, E. (2019). A distributional framework for matched employer employee data. Econometrica, 87(3), 699-739.