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How many "American jobs" have U.S.-born workers lost due to immigration and offshoring? Or, alternatively, is it … possible that immigration and offshoring, by promoting cost-savings and enhanced efficiency in firms, have spurred the creation … immigration does not, but rather reduces the share of offshored jobs instead. Moreover, since both phenomena have a positive "cost …
Persistent link: https://www.econbiz.de/10013137307
Job polarization refers to the shrinking share of employment in middle-skill, routine occupations experienced recently, over the last 35 years. Jobless recoveries refers to the slow rebound in aggregate employment following recent recessions, despite recoveries in aggregate output. We show how...
Persistent link: https://www.econbiz.de/10013101513
unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the … recent rise in U.S. unemployment by exploiting two sources of cross-sectional data on vacancies, JOLTS and HWOL, a new …/3 of the total observed increase in the unemployment rate, whereas geographical mismatch plays no apparent role. The share …
Persistent link: https://www.econbiz.de/10013102714
Why is unemployment higher for younger individuals? We address this question in a frictional model of the labor market … observed age differences in unemployment which, as in the data, are due to differences in job separation rates …
Persistent link: https://www.econbiz.de/10013044973
We survey the recent empirical literature on the effects of offshoring on wages, employment and displacement. We start with the measurement of offshoring, focusing on the use of imported inputs that could have been produced by the importing firm. We overview key theories related to offshoring...
Persistent link: https://www.econbiz.de/10012997887
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/10012984123
compare the capital flows that occur without immigration to the capital inflows that would occur with immigration of 400 …,000 people annually. With the larger labor force from immigration and the larger induced capital accumulation, output will be 22 …
Persistent link: https://www.econbiz.de/10013223178
: immigration stimulated job creation, and the complexity of jobs offered to new native hires was higher relative to the complexity …
Persistent link: https://www.econbiz.de/10013123669
accumulated insights from the literature on the economic impact of immigration. A crucial lesson from that literature is that any …
Persistent link: https://www.econbiz.de/10013014676
market impact of immigration. My recent reappraisal (Borjas, 2015) revealed that even the most cursory reexamination implied …
Persistent link: https://www.econbiz.de/10013001779