Essays on employer credit screening, manufacturing skill gaps, and the relationship between skill demands and capital intensity

Thesis: Ph. D., Massachusetts Institute of Technology, Sloan School of Management, 2015.

Bibliographic Details
Main Author: Weaver, Andrew, 1968-
Other Authors: Paul Osterman.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2015
Subjects:
Online Access:http://hdl.handle.net/1721.1/100080
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author Weaver, Andrew, 1968-
author2 Paul Osterman.
author_facet Paul Osterman.
Weaver, Andrew, 1968-
author_sort Weaver, Andrew, 1968-
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description Thesis: Ph. D., Massachusetts Institute of Technology, Sloan School of Management, 2015.
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spelling mit-1721.1/1000802019-04-12T09:42:31Z Essays on employer credit screening, manufacturing skill gaps, and the relationship between skill demands and capital intensity Is credit status a good signal of productivity? Skill demands and mismatch in U.S. manufacturing Variation in manufacturing skill demands by industry-level capital intensity. Weaver, Andrew, 1968- Paul Osterman. Sloan School of Management. Sloan School of Management. Sloan School of Management. Thesis: Ph. D., Massachusetts Institute of Technology, Sloan School of Management, 2015. Cataloged from PDF version of thesis. Includes bibliographical references. This thesis consists of three essays that explore hiring criteria, skill demands and labor market outcomes. The first essay investigates the use of worker credit status as a hiring screen. The practice has sparked debate, with opponents asserting that it amounts to discrimination and proponents maintaining that it is an important tool for employers to assure the quality of new employees. This study uses a unique identification strategy along with credit proxy variables in a national dataset to test whether credit status reveals information about an employee's character that is predictive of employee productivity. The study finds that the character-related portion of credit status is not a significant predictor of worker productivity. The second essay addresses the question of whether U.S. manufacturers face a skill gap in hiring production workers. This study explores the issue by presenting and analyzing results from an original, nationally representative survey of U.S. manufacturing establishments that directly measures concrete employer skill demands and hiring experiences. The results indicate that demand for higher-level skills is generally modest, and that three quarters of manufacturing establishments do not show signs of hiring difficulties. Among the remainder, demands for higher-level math and reading skills are significant predictors of long-term vacancies, but, contrary to some theories of technical change, demands for computer skills and other critical thinking/ problem-solving skills are not. In terms of mechanisms, factors that complicate the interaction of supply and demand and that are associated with communication/coordination failures appear to play an important role. The third essay combines data from an original manufacturing skill survey with industry-level data on capital and equipment to explore the connection between capital intensity and current skill demands. The results indicate that contemporaneous capital intensity does predict higher level skill demands, but the effect is driven by higher-level reading skills rather than the math and computer skills that dominate the current debate. With regard to historical patterns, the study finds that the relationship between historical capital intensity and current skill demands changes over time, with increasing capital investment per worker showing opposite effects in the 1990s and 2000s. by Andrew Weaver. 1. Credit status a good signal of productivity? -- 2. Skill demands and mismatch in U.S. manufacturing -- 3. Variation in manufacturing skill demands by industry-level capital intensity. Ph. D. 2015-12-03T20:52:10Z 2015-12-03T20:52:10Z 2015 2015 Thesis http://hdl.handle.net/1721.1/100080 928938526 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 128 pages application/pdf n-us--- Massachusetts Institute of Technology
spellingShingle Sloan School of Management.
Weaver, Andrew, 1968-
Essays on employer credit screening, manufacturing skill gaps, and the relationship between skill demands and capital intensity
title Essays on employer credit screening, manufacturing skill gaps, and the relationship between skill demands and capital intensity
title_full Essays on employer credit screening, manufacturing skill gaps, and the relationship between skill demands and capital intensity
title_fullStr Essays on employer credit screening, manufacturing skill gaps, and the relationship between skill demands and capital intensity
title_full_unstemmed Essays on employer credit screening, manufacturing skill gaps, and the relationship between skill demands and capital intensity
title_short Essays on employer credit screening, manufacturing skill gaps, and the relationship between skill demands and capital intensity
title_sort essays on employer credit screening manufacturing skill gaps and the relationship between skill demands and capital intensity
topic Sloan School of Management.
url http://hdl.handle.net/1721.1/100080
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AT weaverandrew1968 variationinmanufacturingskilldemandsbyindustrylevelcapitalintensity