Jiang, Wei; Tang, Yuehua; Xiao, Jiqiu; Yao, Wenxiong - National Bureau of Economic Research - 2021
This paper studies how demand for labor reacts to financial technology (fintech) shocks based on comprehensive … databases of fintech patents and firm job postings in the U.S. during the past decade. We first develop a measure of fintech … exposure at the occupation level by intersecting the textual information in job task descriptions and fintech patents. We then …