Labor Economist | Econ Prof @Princeton
https://jaeger.scholar.princeton.edu/
Reposted by Simon Jäger
Read more: bit.ly/4fmycBe
Ungated copy here: jaeger.scholar.princeton.edu/sites/g/file...
@princetonecon.bsky.social
Reposted by Benjamin Schoefer
In new NBER paper, Gert Bijnens, @schoefer.bsky.social and I shed light on this question using the first economy-wide data on consulting relationships (based on VAT-based B2B data).
More info👇
Reposted by Simon Jäger
"What Does Consulting Do?" by Gert Bijnens, Simon Jäger, and Benjamin Schoefer.
"...we find positive effects on labor productivity of 3.6% over five years, driven by modest employment reductions alongside stable or growing revenue."
www.nber.org/papers/w34072