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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...
Persistent link: https://www.econbiz.de/10010271316
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...
Persistent link: https://www.econbiz.de/10010291446
Computing power continues to grow at an enormous rate. Simultaneously, more and better data is increasingly available and Machine Learning methods have seen significant breakthroughs in the recent past. All this pushes further the boundary of what machines can do. Nowadays increasingly complex...
Persistent link: https://www.econbiz.de/10012021513
Computing power continues to grow at an enormous rate. Simultaneously, more and better data is increasingly available and Machine Learning methods have seen significant breakthroughs in the recent past. All this pushes further the boundary of what machines can do. Nowadays increasingly complex...
Persistent link: https://www.econbiz.de/10012022792
demand ; job tasks ; inequality ; polarization ; technological change ; occupational choice …
Persistent link: https://www.econbiz.de/10003884083
Building on the task-based approach of technological change, this paper discusses the interaction between occupational polarization (e.g. a gradual increase of native employment in the lowest and highest-paying jobs) and employment opportunities of immigrant workers. Using high quality...
Persistent link: https://www.econbiz.de/10010529344
An emerging literature argues that changes in the allocation of workplace "tasks" between capital and labor, and between domestic and foreign workers, has altered the structure of labor demand in industrialized countries and fostered employment polarization - that is, rising employment in the...
Persistent link: https://www.econbiz.de/10009699318
How do firms respond to technological advances that facilitate the automation of tasks? Which tasks will they automate, and what types of worker will be replaced as a result? We present a model that distinguishes between a task's engineering complexity and its training requirements. When two...
Persistent link: https://www.econbiz.de/10010478513
), and received inflows of skilled labor. -- skill demand ; job tasks ; inequality ; polarization ; technological change …
Persistent link: https://www.econbiz.de/10009679627
Income and earning inequality has been on the rise in most of the OECD and in many emerging economies since the 1980s …. This paper estimates a model of earnings inequality across OECD countries that incorporates determinants of relative demand … have exerted upward pressure on inequality. The estimated model is used to decompose historical changes in earning …
Persistent link: https://www.econbiz.de/10010465013