During the last three decades, jobs in the middle of the skill distribution disappeared, and employment expanded for … rise in offshoring and low-skilled immigration, and we develop a three-country stochastic growth model to rationalize this … outcome. In the model, the increase in offshoring negatively affects the middle-skill occupations but benefits the high …

employment to a technology shock. The results of the estimation support the hypothesis that labor market frictions are … responsible for the negative response of employment. …

response of employment to a technology shock. We find that labor market frictions account for the fall in labor inputs. …

losses in terms of employment and earnings are matched only by the losses in terms of real wealth. In many ways, however …

The recent shift to remote work raised the amenity value of employment. As compensation adjusts to share the amenity …