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markets. On the U.S. side, we find little evidence of large or accelerating skill-biased demand shifts after the early 1980s … as measured by standard indices of the skill-intensity of employment. This is significant since most of the impact of … computerization on the organization and skill requirements in the workplace has occurred in precisely this later period. There is also …
Persistent link: https://www.econbiz.de/10014216462
We study the adoption of remote work within cities and its effect on city structure and welfare. We develop a dynamic model of a city in which workers can decide to work in the central business district (CBD) or partly at home. Working in the CBD allows them to interact with other commuters,...
Persistent link: https://www.econbiz.de/10014322881
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and 2005, and the concurrent growth of low skill service occupations. We attribute polarization to the interaction between … that were specialized in routine activities differentially adopted information technology, reallocated low skill labor into …), and received inflows of skilled labor. -- skill demand ; job tasks ; inequality ; polarization ; technological change …
Persistent link: https://www.econbiz.de/10009679627
We develop measures of labor-saving and labor-augmenting technology exposure using textual analysis of patents and job tasks. Using US administrative data, we show that both measures negatively predict earnings growth of individual incumbent workers. While labor-saving technologies predict...
Persistent link: https://www.econbiz.de/10014436977
Goldin and Katz's The Race between Education and Technology is a monumental achievement that supplies a unified framework for interpreting how the demand and supply of human capital have shaped the distribution of earnings in the U.S. labor market over the 20th century. This essay reviews the...
Persistent link: https://www.econbiz.de/10009488819
We propose using sign restrictions to identify regional labor demand shocks in a panel VAR of US federal states. Observed migration responds significantly, but less persistently than the residual-based migration measure constructed by Blanchard and Katz (1992). -- regional labor markets ;...
Persistent link: https://www.econbiz.de/10009575122
The decisions of firms on investment and hiring play a crucial role in business cycle fluctuations. This paper explores their dynamic behavior in the presence of frictions. It does so within a unified framework, stressing their mutual dependence and placing the emphasis on their joint,...
Persistent link: https://www.econbiz.de/10009548650
We document that fluctuations in part-time employment play a major role in movements in hours per worker during cyclical swings in the labor market. Building on this result, we develop a stock-flow framework to describe the dynamics of part-time employment. The evolution of part-time employment...
Persistent link: https://www.econbiz.de/10012904591
Persistent link: https://www.econbiz.de/10000673939