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study how the earnings distribution changes with distortions that penalize high-productivity firms and frictions that reduce … much firms are willing to pay workers, how well high-skill workers are matched with high-productivity firms, and how much …
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Machines increasingly replace people in routine job tasks. The remaining tasks require workers to make open-ended decisions and to have "soft" skills such as problem-solving, critical thinking and adaptability. This paper documents growing demand for decision-making and explores the consequences...
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