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Elasticities of Demand for Educated Labor and Elasticities of Supply of Educated Labor

Freeman, Richard B. - 1982

This paper reviews a variety of estimates of the demand and supply elasticities of educated labor. It finds that elasticities of substitution between more and less educated labor range fran 1.0 to 2.0 and that elasticities of the supply of students to colleges are also on the order of 1.0 to 2.0...

Persistent link: https://www.econbiz.de/10012478063

How Elastic is The Demand for Labor?

Clark, Kim B. - 1979

This paper investigates the magnitude of the elasticity of demand for labor in time series data using more general and complete models of demand than have been previously employed. It argues that previous analyses have imposed two invalid constraints in calculations, which bias downward...

Persistent link: https://www.econbiz.de/10012478840

Is A Great Labor Shortage Coming? Replacement Demand in the Global Economy

Freeman, Richard B. - 2006

This paper assesses the claim the the US faces an impending labor shortage due to the impending retirement of baby boomers and slow growth of the US work force, and that the country should orient labor market and educational policies to alleviate this prospective shortage. I find that this...

Persistent link: https://www.econbiz.de/10012466124

Weathering the Great Recession : Variation in Employment Responses by Establishments and Countries

Barth, Erling - 2016

This paper finds that US employment changed differently relative to output in the Great Recession and recovery than in most other advanced countries or in the US in earlier recessions. Instead of hoarding labor, US firms reduced employment proportionately more than output in the Great Recession,...

Persistent link: https://www.econbiz.de/10012456245

From Immigrants to Robots : The Changing Locus of Substitutes for Workers

Borjas, George J. - 2019

Increased use of robots has roused concern about how robots and other new technologies change the world of work. Using numbers of robots shipped to primarily manufacturing industries as a supply shock to an industry labor market, we estimate that an additional robot reduces employment and wages...

Persistent link: https://www.econbiz.de/10012479394

What Does Global Expansion of Higher Education Mean for the US?

Freeman, Richard B. - 2009

education overseas is that the US has come to rely extensively on the immigration of highly educated persons to maintain a lead …

Persistent link: https://www.econbiz.de/10012463687

People Flows in Globalization

Freeman, Richard B. - 2006

People flows refers to the movement of people across international borders in the form of immigration, international … citizens of immigrant-receiving countries benefit most from immigration. The paper considers "radically economic policies" such … as auctioning immigration visas or charging sizeable fees and spending the funds on current residents to increase the …

Persistent link: https://www.econbiz.de/10012466354

On the Labor Market Effects of Immigration and Trade

Borjas, George J. - 1991

imports in the U.S. economy to these trends. Our empirical evidence indicates that both trade and immigration augmented the … immigration increased the effective supply of high school dropouts by 28 percent for men and 31 percent for women. We estimate … school dropouts between 1980 and 1988 can be attributed to the trade and immigration flows. In addition, our analysis …

Persistent link: https://www.econbiz.de/10012475244

Immigration and the work force : economic consequences for the United States and source areas

Borjas, George J. (ed.); Freeman, Richard B. (contributor) - 1992

Persistent link: https://www.econbiz.de/10013480785