All Together Now: Leveraging Firms to Increase Worker Productivity Growth / Nathaniel Hilger.

By:

Hilger, Nathaniel

Contributor(s):

National Bureau of Economic Research

Material type: Text

TextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w23905.Publication details: Cambridge, Mass. National Bureau of Economic Research 2017.Description: 1 online resource: illustrations (black and white)Subject(s):

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Abstract: I describe a new policy that endows firms with limited-duration, virtual shares in their own workers' future realized earnings growth. The policy seeks to leverage employers to address a key challenge of the modern world: increasing worker skills well into adulthood. I label the policy "generalized experience rating" (GER) because it builds on the more narrow experience rating long embodied in the US unemployment insurance system. GER can be interpreted as a Pigouvian tax, and as a mandate alleviating an adverse selection problem. I discuss many design issues and potential unintended consequences. I conclude the policy may warrant further research.

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Item type	Home library	Collection	Call number	Status	Date due	Barcode	Item holds
Working Paper	Biblioteca Digital	Colección NBER	nber w23905 (Browse shelf(Opens below))	Not For Loan

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October 2017.

I describe a new policy that endows firms with limited-duration, virtual shares in their own workers' future realized earnings growth. The policy seeks to leverage employers to address a key challenge of the modern world: increasing worker skills well into adulthood. I label the policy "generalized experience rating" (GER) because it builds on the more narrow experience rating long embodied in the US unemployment insurance system. GER can be interpreted as a Pigouvian tax, and as a mandate alleviating an adverse selection problem. I discuss many design issues and potential unintended consequences. I conclude the policy may warrant further research.