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Labor Drops: Experimental Evidence on the Return to Additional Labor in Microenterprises

By Suresh de Mel, David McKenzie, and Christopher Woodruff

American Economic Journal: Applied Economics, January 2019

A field experiment in Sri Lanka provided wage subsidies to randomly chosen microenterprises to test whether hiring additional labor benefits such firms, and whether a short-term subsidy can have a lasting impact on firm employment. Using 12 rounds of surv...

A Well-Being Snapshot in a Changing World

By Daniel J. Benjamin, Kristen B. Cooper, Ori Heffetz, and Miles Kimball

AEA Papers and Proceedings, May 2019

Although technology-driven economic growth generates gains in consumption and employment opportunities, it may also negatively impact other dimensions of well-being, such as emotional well-being or sense of stability. We study 204 aspects of self-reported...