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The Outlook for U.S. Labor-Quality Growth
Bosler, Canyon - 2016
Over the past 15 years, labor-quality growth has been very strong--defying nearly all earlier projections--and has added around 0.5 percentage points to an otherwise modest U.S. productivity picture. Going forward, labor quality is likely to add considerably less and may even be a drag on...
Persistent link: https://www.econbiz.de/10012456124
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Education, Participation, and the Revival of U.S. Economic Growth
Jorgenson, Dale W. - 2016
Labor quality growth captures the upgrading of the labor force through higher educational attainment and greater experience. We find that average levels of educational attainment of new entrants remain high, but will no longer continue to rise. Growing educational attainment will gradually...
Persistent link: https://www.econbiz.de/10012456224
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Skill Gaps, Skill Shortages and Skill Mismatches : Evidence for the US
Cappelli, Peter - 2014
Concerns that there are problems with the supply of skills, especially education-related skills, in the US labor force have exploded in recent years with a series of reports from employer-associated organizations but also from independent and even government sources making similar claims. These...
Persistent link: https://www.econbiz.de/10012458284
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Technical Change and the Relative Demand for Skilled Labor : The United States in Historical Perspective
Katz, Lawrence F. - 2013
This paper examines shifts over time in the relative demand for skilled labor in the United States. Although de-skilling in the conventional sense did occur overall in nineteenth century manufacturing, a more nuanced picture is that occupations "hollowed out": the share of "middle-skill" jobs -...
Persistent link: https://www.econbiz.de/10012459909
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The Allocation of Talent and U.S. Economic Growth
Hsieh, Chang-Tai - 2013
Over the last 50 years, there has been a remarkable convergence in the occupational distribution between white men, women, and blacks. We measure the macroeconomic consequences of this convergence through the prism of a Roy model of occupational choice in which women and blacks face frictions in...
Persistent link: https://www.econbiz.de/10012459972
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Future Skill Shortages in the U.S. Economy?
Neumark, David - 2011
The impending retirement of the baby boom cohort represents the first time in the history of the United States that such a large and well-educated group of workers will exit the labor force. This could imply skill shortages in the U.S. economy. We develop near-term labor force projections of the...
Persistent link: https://www.econbiz.de/10012461444
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The Supply Side of Innovation : H-1B Visa Reforms and US Ethnic Invention
Kerr, William R. - 2010
This study evaluates the impact of high-skilled immigrants on US technology formation. We use reduced-form specifications that exploit large changes in the H-1B visa program. Higher H-1B admissions increase immigrant science and engineering (SE) employment and patenting by inventors with Indian...
Persistent link: https://www.econbiz.de/10012462887
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The Effect of Immigration on Productivity : Evidence from US States
Peri, Giovanni - 2009
Using the large variation in the inflow of immigrants across US states we analyze the impact of immigration on state employment, average hours worked, physical capital accumulation and, most importantly, total factor productivity and its skill bias. We use the location of a state relative to the...
Persistent link: https://www.econbiz.de/10012463142
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The US Productivity Slowdown, the Baby Boom, and Management Quality
Feyrer, James - 2009
productivity slowdown in the 1970s and resurgence in the 1990s. Lucas (1978) suggests that the quality of managers plays a … that the entry of the baby boom resulted in more managers being hired from the smaller, pre baby boom cohorts. These … marginal managers were necessarily of lower quality. As the boomers aged and gained experience, this effect was reversed …
Persistent link: https://www.econbiz.de/10012463175
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Spatial Mismatch, Immigrant Networks, and Hispanic Employment in the United States
Hellerstein, Judith K. - 2009
We study the relationship between Hispanic employment and location-specific measures of the distribution of jobs. We find that it is only the local density of jobs held by Hispanics that matters for Hispanic employment, that measures of local job density defined for Hispanic poor English...
Persistent link: https://www.econbiz.de/10012463251