Recent evidence for the U.S. suggests that recessions play a crucial role in promoting automation and the reallocation … of productive resources, which in turn increase aggregate productivity and lead to a higher standard of living. I present … technology revolution, fully all of the Canadian decline in routine job employment occurred during the three recessions. A …

Recent evidence suggests that recessions play a crucial role in promoting automation and the reallocation of productive … resources. Consistent with this, I show that in the three previous Canadian recessions, routine jobs were disproportionately …, income groups, industries, and regions, the two indices are strongly negatively correlated, suggesting that automation will …

recessions accelerate this process. In doing so we establish a new fact about the demand for skill over the business cycle. Using …

recessions accelerate this process. In doing so we establish a new fact about the demand for skill over the business cycle. Using …

Workers who enter the labor market during recessions experience lasting earnings losses, but the role of non … labor market entry during recessions generates a 5 percent reduction in earnings cumulated over the first decade of …-pay amenities. Purely pecuniary estimates can therefore overstate the welfare costs of labor market entry during recessions. …

Europe. Consistent with the view that firms use recessions as times to update skills, we find that training participation is … to be involved in public training programs during recessions, but not for the inactive, who may be affected by liquidity …

Workers who enter the labor market during recessions experience lasting earnings losses, but the role of non … find that labor market entry during recessions generates a 6 percent reduction in earnings cumulated over the first 15 … recessions. …

. Whereas recent recessions in advanced economies usually had a disproportionate impact on men's employment, giving rise to the … childcare and experienced greater productivity reductions than men. We discuss what our findings imply for gender equality in a …

than good due to the economic contraction, despite a large literature that finds mortality rates decline during recessions …