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This chapter reviews recent advances in the task model and shows how this framework can be put to work to understand the major labor market trends of the last several decades. Production in each industry necessitates the completion of a range of tasks, which can be allocated to workers of...
Persistent link: https://www.econbiz.de/10015056199
higher capital incomes. This increases inequality. To make this argument, we develop a tractable theory that links technology … effects of automation. We isolate a new theoretical mechanism: automation increases inequality via returns to wealth. The flip … the observed trends in income and wealth inequality and macroeconomic aggregates …
Persistent link: https://www.econbiz.de/10012482656
Different beliefs about how fair social competition is and what determines income inequality, influence the … income inequality and choices of redistributive policies …
Persistent link: https://www.econbiz.de/10012469200
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There has been little analysis of the impact of inward foreign direct investment (FDI) on U.S. wage inequality, even …
Persistent link: https://www.econbiz.de/10012471760
Using newly validated data on geographic migration networks, we study how labor demand shocks in the United States propagate across the border with Mexico. We show that the large exogenous decline in US employment brought about by the Great Recession affected demographic and economic outcomes in...
Persistent link: https://www.econbiz.de/10012510574
We use a unique corpus of job descriptions for C-suite positions to document skills requirements in top managerial occupations across a large sample of firms. A novel algorithm maps the text of each executive search into six separate skill clusters reflecting cognitive, interpersonal, and...
Persistent link: https://www.econbiz.de/10012585443
State and local policies increasingly restrict employers' access to criminal records, but without addressing the underlying reasons that employers may conduct criminal background checks. Employers may thus still want to ask about a job applicant's criminal record later in the hiring process or...
Persistent link: https://www.econbiz.de/10013191042
We examine the labor market impact of states easing occupational license requirements by expanding the scope of practice (SOP) for nurse practitioners (NPs), allowing them to practice without physician oversight. Using data on job postings, we find that employers increase their demand for NPs...
Persistent link: https://www.econbiz.de/10012814440
using unemployment rates. Taken together, our findings have a clear message for those concerned with macroeconomic theory …
Persistent link: https://www.econbiz.de/10012478332