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How will the emergence of ChatGPT and other forms of artificial intelligence (AI) affect the skill premium? To address this question, we propose a nested constant elasticity of substitution production function that distinguishes among three types of capital: traditional physical capital...
Persistent link: https://www.econbiz.de/10014544709
Recently, the relative demand for skilled labor has increased dramatically. We investigate one of the causes, skill-biased technical change. Advances in information technology (IT) are among the most powerful forces bearing on the economy. Employers who use IT often make complementary...
Persistent link: https://www.econbiz.de/10012471658
on the level and change in immigrant-native wage differences in Canada. We focus on immigrants who arrived in the early … earnings inequality in Canada and contribute to the average earnings gap between immigrants and natives. In the decade after …
Persistent link: https://www.econbiz.de/10012481680
), but were no different compared to foreign applicants from Britain. 2) Employers valued experience acquired in Canada much … more than if acquired in a foreign country. Changing foreign resumes to include only experience from Canada raised callback … Canada or not, or whether the applicant obtained additional Canadian education or not had no impact on the chances for an …
Persistent link: https://www.econbiz.de/10012463613
Wages for more- and less-educated workers have followed strikingly different paths in the U.S. and Canada. During the … fell slightly in Canada. Katz and Murphy (1992) found that for the U.S. a simple supply-demand model fit the pattern of ….S. and Canada. In both instances, the relative demand for more-educated labor shifts out at the same, consistent rate. Both …
Persistent link: https://www.econbiz.de/10012472172
This paper examines the relationship between the share of employment potentially affected by offshoring and economic … statistical association between the share of both "non-clerical" and clerical occupations potentially affected by offshoring and …
Persistent link: https://www.econbiz.de/10012465860
We study the impact of techies--engineers and other technically trained workers--on firm-level productivity. We first report new facts on the role of techies in the firm by using French administrative data and unique surveys. Techies are STEM-skill intensive and are associated with innovation,...
Persistent link: https://www.econbiz.de/10014322729
Innovation booms are often fueled by easy financing that allows new technology firms to pay high wages that attracts skilled labor. Using the late 1990s Information and Communication Technology (ICT) boom as a laboratory, we show that skilled labor joining this new sector experienced sizeable...
Persistent link: https://www.econbiz.de/10014447332
remotely one or more days per week rose more than three-fold in the U.S and by a factor of five or more in Australia, Canada …
Persistent link: https://www.econbiz.de/10014247927
outsourcing grew at rates experienced during 1996-2005 in business, professional and technical services i.e., in segments where … outsourcing (1) would switch 4-digit occupations 2 percent less often, (2) would spend 0.1 percent less time unemployed, and (3 …We examine the impact on U.S. labor markets of offshore outsourcing in services to China and India. We also consider …
Persistent link: https://www.econbiz.de/10012464585