Showing 1 - 10 of 24
After a decade in which wages and employment fell precipitously in low-skill occupations and expanded in high …-skill occupations, the shape of U.S. earnings and job growth sharply polarized in the 1990s. Employment shares and relative earnings … rose in both low and high-skill jobs, leading to a distinct U-shaped relationship between skill levels and employment and …
Persistent link: https://www.econbiz.de/10003884083
Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back … the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being … force behind both recent reductions in U.S. manufacturing employment and - through input-output linkages and other general …
Persistent link: https://www.econbiz.de/10010528574
, when detectable, result from the even faster declines in employment. …
Persistent link: https://www.econbiz.de/10010236437
We estimate a structural dynamic programming model of schooling decisions and obtain individual specific estimates of the local (and average) returns to schooling as well as the returns to experience. Homogeneity of the returns to human capital is strongly rejected in favor of a discrete...
Persistent link: https://www.econbiz.de/10011401014
Using a dynamic programming model of schooling decisions, we investigate the relationship between subjective discount rates and the labor market ability (the discount rate bias) on a panel taken from the National Longitudinal Survey of Youth (NLSY). Given household human capital and Armed Forces...
Persistent link: https://www.econbiz.de/10011313951
We juxtapose the effects of trade and technology on employment in U.S. local labor markets between 1990 and 2007. Labor … employment, particularly in manufacturing and among non-college workers. Labor markets susceptible to computerization due to …-manufacturing but no net employment decline. Trade impacts rise in the 2000s as imports accelerate, while the effect of technology …
Persistent link: https://www.econbiz.de/10009729339
This paper explores the geographic overlap of trade and technology shocks across local labor markets in the United States. Regional exposure to technological change, as measured by specialization in routine task-intensive production and clerical occupations, is largely uncorrelated with regional...
Persistent link: https://www.econbiz.de/10009729346
.S. manufacturing employment. Transfer benefits payments for unemployment, disability, retirement, and healthcare also rise sharply in …
Persistent link: https://www.econbiz.de/10009696961
We analyze the effect of exposure to international trade on earnings and employment of U.S. workers from 1992 through … adjustment costs that are highly unevenly distributed across workers according to their skill levels and conditions of employment …
Persistent link: https://www.econbiz.de/10010410225
We offer an integrated explanation and empirical analysis of the polarization of U.S. employment and wages between 1980 … service occupations (employment polarization), experienced earnings growth at the tails of the distribution (wage polarization …
Persistent link: https://www.econbiz.de/10009679627