specialization. In this model, I show how trade liberalization will result in reallocation of high skilled workers within an industry … degree of labor specialization within high-skilled or low-skilled workers, to reduce their marginal costs, and to evolve into …

This paper studies the impact of knowledge specialization on earnings losses following displacement. We develop a novel … measure of the specialization of human capital, based on how concentrated the knowledge used in an occupation is. Combining …-displacement knowledge specialization increases the earnings losses post-displacement by 3 to 4 pp per year in the US, and by 1.5 to 2 pp per …