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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...
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in the canonical model is essentially static. This essay sketches an alternative model of the assignment of skills to … tasks based upon comparative advantage, reviews key conceptual and practical challenges that researchers face in bringing … skills, the assignment of skills to tasks, and the evolution of wages. -- skill demands ; technological change ; job tasks …
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We offer an integrated explanation and empirical analysis of the polarization of U.S. employment and wages between 1980 and 2005, and the concurrent growth of low skill service occupations. We attribute polarization to the interaction between consumer preferences, which favor variety over...
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A central organizing framework of the voluminous recent literature studying changes in the returns to skills and the … supply and demand for skills by assuming two distinct skill groups that perform two different and imperfectly substitutable … economies are shaped by the interactions among worker skills, job tasks, evolving technologies, and shifting trading …
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.g., medical care to doctors, document production to lawyers, software coding to computer engineers, and undergraduate education to …
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