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We comment on the work of Hanushek et al. (2015) and show that returns to skills are very heterogeneous and depend crucially on the tasks performed in the workplace, in line with the critique by Acemoglu and Autor (2011). Depending on the type of tasks performed at work, as well as on...
Persistent link: https://www.econbiz.de/10011718769
Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model - even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …
Persistent link: https://www.econbiz.de/10011446155
This paper documents novel facts on within-occupation task and skill changes over the past two decades in Germany. In a … market biographies to investigate the impact on wages between 2010 and 2017. Results indicate a wage growth premium in … further explores the dynamic influence of AI exposure on individual wages over time, uncovering positive associations with …
Persistent link: https://www.econbiz.de/10014445769
This paper analyzes the effect of educational mismatch on wages, using a rich panel dataset of workers in the major …, we find that the wages of people aged under 35 basically depend on the level of education attained, while those of …
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Over the last two decades Mexico has had an open trade regime, experienced macroeconomic stability, and made substantial progress in education. However, average workers¿ earnings have stagnated and earnings for workers with more schooling have declined, compressing the earnings distribution and...
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