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Skill-Biased Technical Change is one of the most prominent explanations for the rise in wage inequality in the United States over the last decades. However, the explanation is challenged for several reasons. In this paper, I propose an alternative type of technical change, where new technologies...
Persistent link: https://www.econbiz.de/10010957977
Making use of an international survey that directly assess the cognitive skills of the adult population, I document systematic differences in the effect of skills on job mobility across the 37 countries in the sample. While economic growth is associated with relatively higher job mobility among...
Persistent link: https://www.econbiz.de/10012847420
In this paper I illustrate how the diffusion across firms of a skill-neutral technology leads to a skill-biased impact on the economy. The model identifies (i) differences in inter-firm mobility between skill groups, (ii) productivity dispersion across firms within industries, and (iii)...
Persistent link: https://www.econbiz.de/10014134216
Motivated by the canonical (random) on-the-job search model, I measure a person’s ability to sort into preferred jobs by the risk ratio of job-to-job transitions to transitions into unemployment. I show that this measure possesses various desirable features. Making use of the Survey of Income...
Persistent link: https://www.econbiz.de/10014134217
Making use of the Annual Social and Economic (ASEC) supplement to the Current Population Survey (CPS), I document that the educational gradient in job-to-job mobility exhibits an inverted-‘U’ pattern over the 1970s to the 2010s—the trend reversal occurring around the turn of the...
Persistent link: https://www.econbiz.de/10013295591
In the canonical random on-the-job search model with continuous firm heterogeneity, I show that a mean-preserving spread of the firm-productivity distribution raises the returns to mobility, i.e., the inter-firm mobility of workers as measured by the number of outside contacts per employment...
Persistent link: https://www.econbiz.de/10013227703
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Using an international survey that directly assesses the cognitive skills of the adult population, I study the relation between skills and unemployment flows across 37 countries. Depending on the specifically assessed domain, I document that skills have an unconditional correlation with the...
Persistent link: https://www.econbiz.de/10012506887
Persistent link: https://www.econbiz.de/10013334553