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Digitalization During the COVID-19 Crisis: Implications for Productivity and Labor Markets in Advanced Economies : Implications for Productivity and Labor Markets in Advanced Economies

Release Date:March, 2023

Digitalization induced by the pandemic was seen both as a possible silver-lining from the crisis that could increase longer-term productivity and a risk for further labor market inequality between more...



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The Divergent Dynamics of Labor Market Power in Europe

Author/Editor: Federico J Diez, Davide Malacrino, Ippei Shibata.

Release Date:December, 2022

We use firm-level data from 10 European countries to establish several new stylized facts about firms' labor market power. First, we find the pervasive presence of labor market power across countries more...



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Did the COVID-19 Recession Increase the Demand for Digital Occupations in the United States? Evidence from Employment and Vacancies Data

Author/Editor: Jiaming Soh, Myrto Oikonomou, Carlo Pizzinelli, Ippei Shibata, Marina Mendes Tavares.

Release Date:September, 2022

This paper investigates whether the COVID-19 recession led to an increase in demand for digital occupations in the United States. Using O*NET to capture the digital content of occupations, we find more...



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From Polluting to Green Jobs: A Seamless Transition in the U.S.?

Author/Editor: Katharina Bergant, Rui Mano, Ippei Shibata.

Release Date:July, 2022

What are the implications of the needed climate transition for the potential reallocation of the U.S. labor force? This paper dissects green and polluting jobs in the United States across local labor more...



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Labor Market Tightness in Advanced Economies

Release Date:March, 2022

Two years after the onset of the COVID-19 pandemic, a puzzle has emerged in several advanced economies: unfilled job vacancies have increased sharply even though employment has yet to fully recover. more...



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Preferences for Reforms: Endowments vs. Beliefs

Author/Editor: Romain A Duval, Yi Ji, Chris Papageorgiou, Ippei Shibata, Antonio Spilimbergo.

Release Date:February, 2022

Are preferences for reforms driven by individuals' own endowments or beliefs? To address this question, we conducted a cross-country survey on people's opinions on employment protection more...



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Has COVID-19 Induced Labor Market Mismatch? Evidence from the US and the UK

Author/Editor: Carlo Pizzinelli, Ippei Shibata.

Release Date:January, 2022

This paper studies whether labor market mismatch played an important role for labor market dynamics during the COVID-19 pandemic. We apply the framework of S¸ahin et al. (2014) to the US and the UK more...



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Labor Market Reform Options to Boost Employment in South Africa

Author/Editor: Romain A Duval, Yi Ji, Ippei Shibata.

Release Date:June, 2021

Raising South Africa's low employment rate to levels seen in emerging market or advanced economy peers could raise GDP per capita by 50 to 60 percent and reduce income inequality dramatically in the more...



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Can Fintech Foster Competition in the Banking System in Latin America and the Caribbean?

Author/Editor: Suchanan Tambunlertchai, Pablo Bejar, Kotaro Ishi, Takuji Komatsuzaki, Ippei Shibata, Jasmin Sin.

Release Date:April, 2021

This paper revisits the competitive environment of the banking system in Latin America and the Caribbean (LAC) and investigates the early impact of fintech development in the region thus far. Against more...



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Rising Corporate Market Power: Emerging Policy Issues : Emerging Policy Issues

Release Date:March, 2021

Corporate market power has risen in recent decades, and new estimates in this note suggest that the likely wave of small and medium-sized enterprise bankruptcies from the ongoing pandemic will more...



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