I quantify the impact of trade secret protection on labor outsourcing, and consequently, on aggregate productivity.…Read More
Productivity Gains From Labor Outsourcing: The Role of Trade Secrets
Görkem Bostancı
Intellectual Property Rights, Professional Business Services and Earnings Inequality
High skill labor demand is infrequent but firms cannot adjust perfectly due to several adjustment costs. Professional Business Services (PBS) sector help alleviate this problem by allowing high skill labor to move across firms, reducing idiosyncratic part of labor demand risk.…Read More