Joanne Lindley, Steven McIntosh, Sunday, September 21, 2014

Individuals who work in the finance sector enjoy a significant wage advantage. This column considers three explanations: rent sharing, skill intensity, and task-biased technological change. The UK evidence suggests that rent sharing is the key. The rising premium could then be due to changes in regulation and the increasing complexity of financial products creating more asymmetric information.

Masayuki Morikawa, Thursday, June 19, 2014

Headquarters play important strategic roles in modern companies, but downsizing of headquarters is often advocated as a cost-cutting measure. This column presents evidence from Japanese firm-level data that the size of headquarters is positively associated with firms’ overall productivity. Moreover, the benefits of ICT are greater for companies with relatively large headquarters. Downsizing headquarters to cut costs may thus be harmful for long-term company performance.

Masayuki Morikawa, Tuesday, August 26, 2014

Headquarters play important strategic roles in modern companies, but downsizing of headquarters is often advocated as a cost-cutting measure. This column presents evidence from Japanese firm-level data that headquarters size is positively associated with firms’ overall productivity. Moreover, the benefits of ICT are greater for companies with relatively large headquarters. Downsizing headquarters to cut costs may thus be harmful for long-term company performance.

Nicholas Bloom, Luis Garicano, John Van Reenen, Raffaella Sadun, Wednesday, December 4, 2013

The profound impact of the ICT revolution on the job market have been widely studied, but the effects of different types of technology can be heterogeneous and even contradictory. This column presents evidence that technologies providing access to stored data tend to empower front line workers, while communicative technologies put more power in the hands of managers.

Stephen Machin, Sandra McNally, Olmo Silva , Friday, December 14, 2007

Do computers in schools help? Economists have long been sceptical, but new research finds that technology does have a positive effect on pupils’ performance.

Klaus Desmet, Esteban Rossi-Hansberg , Friday, October 12, 2007

Recent research suggests that improvements in information and communication technology are affecting the spatial growth of services today in the same way electricity promoted the concentration of manufacturing at the turn of the 20th century.

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