Elliot Weder

Inside the air bridge on the campus woudestein
Elliott Weder smiling with a closed smile at the camera

I am a PhD candidate in Economics at Erasmus University Rotterdam and the Tinbergen Institute. I am a macroeconomist, working on firm dynamics and labour markets. 

My research studies how firm heterogeneity shapes labour-market and capital-market outcomes in the macroeconomy, combining Dutch administrative data with quantitative heterogeneous-firm models. Applications include to early-career labour markets, employment protection legislation, and corporate taxation.

Fields of Interest: Macroeconomics, Labour Economics, and Firm Dynamics.

Job market paper 

The Early-Career Consequences of Digital Technologies

Using administrative data from the Netherlands for 2006--2024, I document a decline in entry into employment after schooling and a concurrent increase in the wage returns to early-career experience. I argue that the rise of digital technologies offers a unifying explanation for both trends. Following large investment spikes in digital technologies, such as software and databases, firms reduce their early-career employment share and raise their wage returns to early-career experience. Digital technologies enable firms to codify their routines and knowledge, substituting for early-career workers but augmenting the value of experience for those who do enter. In a quantitative heterogeneous-firm model that embeds this mechanism, the decrease in the price of digital technologies accounts for a substantial share of both aggregate early-career trends. Substitution, rather than augmentation, is the dominant channel.

CV

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References 

Contact 

Email: weder@ese.eur.nl
Personal website: Elliott Weder

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