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The Visible Hand

Jordi Blanes i Vidalwww.thevisiblehand.uk

The Visible Hand is a podcast about organisations, economics, and management, hosted by Jordi Blanes i Vidal.

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Episodes

Episode 63: Jin Li on Career Spillovers in Internal Labour Markets

The paper discussed in this episode is ‘ Career Spillovers in Internal Labour Markets ’, by Nicola Bianchi , Giulia Bovini , Jin Li , Matteo Paradisi , and Michael Powell . The paper was published at the Review of Economic Studies in 2022....

Apr 20, 202347 minSeason 1Ep. 63

Episode 62: Elisabeth Perlman on Federal Funding, Innovation, and Entrepreneurship

The paper discussed in this episode is ‘ Cutting the Innovation Engine: How Federal Funding Shocks Affect University Patenting, Entrepreneurship, and Publications ’, by Tania Babina , Alex Xi He , Sabrina T. Howell , Elisabeth Ruth Perlman , and Joseph Staudt . The paper was published at the Quarterly Journal of Economics in 2023....

Apr 13, 202344 minSeason 1Ep. 62

Episode 58: Sule Alan on Improving Workplace Climate in Large Corporations

The paper discussed in this episode is ‘Improving Workplace Climate in Large Corporations: A Clustered Randomised Intervention’, by Sule Alan , Gozde Corekcioglu , and Matthias Sutter . The paper was published at the Quarterly Journal of Economics in 2023.

Mar 13, 202345 minSeason 1Ep. 58

Episode 57 (Job Market Edition): Arthur Novaes de Amorim on the Effect of Radio Access on Agricultural Productivity

The paper discussed in this episode is Agricultural Change in the United States: Evidence from the Golden Age of Radio , by Arthur Novaes de Amorim Other papers mentioned in this episode are: Gupta, A., Ponticelli, J., & Tesei, A. (2020). Information, technology adoption and productivity: The role of mobile phones in agriculture (No. w27192). National Bureau of Economic Research. Olken, B. A. (2009). Do television and radio destroy social capital? Evidence from Indonesian villages. American ...

Dec 14, 202238 minSeason 1Ep. 57

Episode 56 (Job Market Edition): Thi Mai Anh Nguyen on Relational Contracts and Market Efficiency

The paper discussed in this episode is Long-Term Relationships and the Spot Market: Evidence from US Trucking , by Adam Harris and Thi Mai Anh Nguyen Other papers mentioned in this episode are: Caliendo, L., Parro, F., Rossi-Hansberg, E., & Sarte, P. D. (2018). The impact of regional and sectoral productivity changes on the US economy. The Review of economic studies, 85(4), 2042-2096. Kranton, R. E. (1996). Reciprocal exchange: a self-sustaining system. The American Economic Review, 830-851....

Dec 11, 202248 minSeason 1Ep. 56

Episode 55 (Job Market Edition): Martin Schmitz on Communication Costs and Innovation

The paper discussed in this episode is “ A Penny for your Thoughts ", by Walker Hanlon, Stephan Heblich, and Ferdinando Monte, and Martin Schmitz . Other papers mentioned in this episode are: Biasi, B., & Moser, P. (2021). Effects of copyrights on science: Evidence from the WWII book republication program. American Economic Journal: Microeconomics, 13(4), 218-60. Donaldson, D., & Hornbeck, R. (2016). Railroads and American economic growth: A “market access” approach. The Quarterly Journa...

Dec 05, 202238 minSeason 1Ep. 55

Episode 54 (Job Market Edition): Virginia Minni on the Effects of Managers on their Workers

The paper discussed in this episode is “ Making the Invisible Hand Visible: Managers and the Allocation of Workers to Jobs ", by Virginia Minni . Other papers mentioned in this episode are: Adhvaryu, A., Kala, N., & Nyshadham, A. (2022). Management and shocks to worker productivity. Journal of Political Economy, 130(1), 1-47. Benson, A., Li, D., & Shue, K. (2019). Promotions and the peter principle. The Quarterly Journal of Economics, 134(4), 2085-2134....

Nov 29, 202251 minSeason 1Ep. 54

Episode 53 (Job Market Edition): Jack Fisher on Worker Welfare in the Gig Economy

The paper discussed in this episode is “ Worker Welfare in the Gig Economy ", by Jack Fisher . Other papers mentioned in this episode are: Chen, M. K., Rossi, P. E., Chevalier, J. A., & Oehlsen, E. (2019). The value of flexible work: Evidence from Uber drivers. Journal of political economy, 127(6), 2735-2794. Kolstad, J. T., & Kowalski, A. E. (2016). Mandate-based health reform and the labor market: Evidence from the Massachusetts reform. Journal of health economics, 47, 81-106. Koustas,...

Nov 24, 202247 minSeason 1Ep. 53

Episode 52 (Job Market Edition): Riley League on Administrative Burden and Consolidation in Healthcare

The paper discussed in this episode is “ Administrative Burden and Consolidation in Health Care: Evidence from Medicare Contractor Transitions ", by Riley League Other papers mentioned in this episode are: Brot-Goldberg, Z., Burn, S., Layton, T., & Vabson, B. (2022). Rationing medicine through bureaucracy: authorization restrictions in medicare. Technical report, Working Paper....

Nov 19, 202252 minSeason 1Ep. 52

Episode 51 (Job Market Edition): Beate Thies on the Effects of Air Pollution on Knowledge Workers

The paper discussed in this episode is “ Air Quality, High-Skilled Worker Productivity and Adaptation: Evidence from GitHub ", by Beate Thies and Felix Holub . Other papers mentioned in this episode are: Adhvaryu, A., Kala, N., & Nyshadham, A. (2022). Management and shocks to worker productivity. Journal of Political Economy, 130(1), 1-47. Deryugina, T., Heutel, G., Miller, N. H., Molitor, D., & Reif, J. (2019). The mortality and medical costs of air pollution: Evidence from changes in w...

Nov 16, 202251 minSeason 1Ep. 51

Episode 48: Diana Moreira on the Effects of Public Examinations on Civil Service Quality

The paper discussed in this episode is “ Civil Service Exams and Organizational Performance: Evidence from the Pendleton Act ”, by Diana Moreira and Santiago Perez . Other papers discussed during this episode include: Prendergast, C. (2007). The motivation and bias of bureaucrats. American Economic Review , 97(1), 180-196....

Oct 13, 202242 minSeason 1Ep. 48

Episode 47: Hans-Joachim Voth on Peer Effects among Fighter Pilots

The paper discussed in this episode is “ Killer Incentives: Rivalry, Performance and Risk-Taking among German Fighter Pilots, 1939–45 ”, by Philipp Ager , Leonardo Bursztyn , Lukas Leucht , and Hans-Joachim Voth . This paper was published in the Review of Economic Studies in October 2022. Other papers discussed during this episode include: Cullen, Z., & Perez-Truglia, R. (2022). How much does your boss make? the effects of salary comparisons. Journal of Political Economy , 130(3), 766-822. K...

Sep 20, 202240 minSeason 1Ep. 47

Episode 46: Johanna Rickne on Sexual Harassment and Gender Inequality in the Labour Market

The paper discussed in this episode is “ Sexual Harassment and Gender Inequality in the Labor Market ” by Olle Folke and Johanna Rickne , and which was published in the Quarterly Journal of Economics in 2022. Other papers discussed during this episode include: Goldin, Claudia. “A Grand Gender Convergence: Its Last Chapter”, American Economic Review, 104 (2014a), 1091–1119. Mas, Alexandre, and Amanda Pallais, “Valuing Alternative Work Arrangements,” American Economic Review, 107 (2017), 3722—59. ...

Sep 11, 202244 minSeason 1Ep. 46

Episode 45: Daniel Knutsson on Comparing Public and Private Provision in Healthcare

The paper discussed in this episode is “ The Quality and Efficiency of Public and Private Firms: Evidence from Ambulance Services ”, by Daniel Knutsson and Björn Tyrefors , and which was published in the Quarterly Journal of Economics in 2022. Other papers discussed during this episode include: Hart, O., Shleifer, A., & Vishny, R. W. (1997). The proper scope of government: theory and an application to prisons. The Quarterly Journal of Economics, 112(4), 1127-1161. Lucchese, E. (2020). It cou...

Sep 02, 202240 minSeason 1Ep. 45

Episode 44: Alessandra Fenizia on Managers and Productivity in the Public Sector

The paper discussed in this episode is “ Managers and Productivity in the Public Sector ”, by Alessandra Fenizia , and which was published in Econometrica in 2022. Other papers discussed during this episode include: Bertrand, M., & Schoar, A. (2003). Managing with style: The effect of managers on firm policies. The Quarterly Journal of Economics , 118 (4), 1169-1208.' Bandiera, O., Barankay, I., & Rasul, I. (2007). Incentives for managers and inequality among workers: Evidence from a fir...

Aug 22, 202242 minSeason 1Ep. 44

Episode 42: Stefano Fiorin on Financial Incentives and Whistleblowing

The paper discussed in this episode is “ Reporting Peers’ Wrongdoing: Experimental Evidence on the Effect of Financial Incentives on Morally Controversial Behavior ”, by Stefano Fiorin . Other papers mentioned in this episode are: Ariely, Dan, Anat Bracha, and Stephan Meier. 2009. “Doing Good or Doing Well? Image Motivation and Monetary Incentives in Behaving Prosocially.” American Economic Review, 99(1): 544–55. Burde, Dana, and Leigh L. Linden. 2013. "Bringing Education to Afghan Girls: A Rand...

Aug 10, 202246 minSeason 1Ep. 42

Episode 41: Andrea Prat on the Allocation of Authority in Organizations

The paper discussed in this episode is “ The Allocation of Authority in Organizations: A Field Experiment with Bureaucrats ”, by Oriana Bandiera , Michael Carlos Best , Adnan Qadir Khan , and Andrea Prat , and which was published at the Quarterly Journal of Economics in 2021. Other papers mentioned in this episode are: Bandiera, O., Prat, A., & Valletti, T. (2009). Active and passive waste in government spending: evidence from a policy experiment. American Economic Review, 99(4), 1278-1308. ...

Jul 05, 202251 minSeason 1Ep. 41

Episode 40: Mirko Draca on Sanctions and the Interests of Elite Policymakers in Iran

The paper discussed in this episode is “ On Target? Sanctions and the Economic Interests of Elite Policymakers in Iran ”, by Mirko Draca , Jason Garred, Leanne Stickland, and Nele Warrinnier, and which is forthcoming at The Economic Journal . Other papers mentioned in this episode are: Snowberg, E., Wolfers, J., & Zitzewitz, E. (2007). Partisan impacts on the economy: evidence from prediction markets and close elections. The Quarterly Journal of Economics , 122 (2), 807-829....

Jun 28, 202246 minSeason 1Ep. 40

Episode 38: Robert Dur on Team Incentives, Social Cohesion, and Performance

The paper discussed in this episode is “ Team Incentives, Social Cohesion, and Performance: A Natural Field Experiment ”, by Josse Delfgaauw , Robert Dur , Oke Onemu , and Joeri Sol . Other papers mentioned in this episode are: Blanes i Vidal, J., & Nossol, M. (2011). Tournaments without prizes: Evidence from personnel records. Management science, 57(10), 1721-1736. Carless, S. A., & De Paola, C. (2000). The measurement of cohesion in work teams. Small group research, 31(1), 71-88. Delfg...

May 10, 202241 minSeason 1Ep. 38

Episode 37: Michela Giorcelli on Management Training Programmes

The paper discussed in this episode is “ The Dynamics and Spillovers of Management Interventions: Evidence from the Training within Industry Program ”, by Nicola Bianchi and Michela Giorcelli . Other papers mentioned in this episode are: Alfaro-Urena, Alonso, Isabela Manelici, and Jose P. Vasquez. 2019. “The Effects of Multinationals on Workers: Evidence from Costa Rica.” working paper, UC Berkeley. Bloom, Nicholas, Benn Eifert, Aprajit Mahajan, David McKenzie, and John Roberts. 2013. “Does Mana...

May 03, 202251 minSeason 1Ep. 37

Episode 36: Catherine Thomas on Online Labour Markets

The paper discussed in this episode is “ Who Benefits from Online Gig Economy Platforms? ”, by Catherine Thomas and Christopher T. Stanton . Other papers mentioned in this episode are: Stanton, C. T., & Thomas, C. (2016). Landing the first job: The value of intermediaries in online hiring. The Review of Economic Studies, 83(2), 810-854. Horton, J. J. (2017). Price floors and employer preferences: Evidence from a minimum wage experiment. Available at SSRN 2898827....

Apr 15, 202252 minSeason 1Ep. 36

Episode 35: Karol Jan Borowiecki on Teachers and Creativity

The paper discussed in this episode is “ Good Reverberations? Teacher Influence in Music Composition since 1450 ” by Karol Jan Borowiecki Other papers mentioned in this episode are: Manski, C. F. (1993). Identification of endogenous social effects: The reflection problem. The review of economic studies, 60(3), 531-542.

Mar 31, 202244 minSeason 1Ep. 35
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