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less skilled and their employment responses to adverse employment shocks. Following program liberalization in 1984, DI …
Persistent link: https://www.econbiz.de/10012470388
The race between education and technology provides a canonical framework that does an excellent job of explaining U.S. wage structure changes across the twentieth century. The framework involves secular increases in the demand for more-educated workers from skill-biased technological change,...
Persistent link: https://www.econbiz.de/10012479229
as they expand AI hiring. However, we find no discernible relationship between AI exposure and employment or wage growth …
Persistent link: https://www.econbiz.de/10012482476
. Adverse impacts of import competition on manufacturing employment, overall employment-population ratios, and income per capita … competition implies a reduction in the manufacturing employment-population ratio of 1.54 percentage points, which is 55% of the … employment rate. Reductions in population headcounts, which indicate net out-migration, register only for foreign-born workers …
Persistent link: https://www.econbiz.de/10012660079
cumulatively preserved between 2 and 3 million job-years of employment over 14 months at a cost of $170K to $257K per job … employment subsidies or business liquidity when the next pandemic or other large-scale economic emergency occurs, as it surely …
Persistent link: https://www.econbiz.de/10012814444
We offer an integrated explanation and empirical analysis of the polarization of U.S. employment and wages between 1980 … service occupations (employment polarization), experienced earnings growth at the tails of the distribution (wage polarization …
Persistent link: https://www.econbiz.de/10012463500
Theory predicts that mandated employment protections may reduce productivity by distorting production choices. Firms … Business Database, our estimates suggest that wrongful-discharge protections reduce employment flows and firm entry rates … mandated employment protections reduce productive efficiency as theory would suggest. However, our analysis also presents some …
Persistent link: https://www.econbiz.de/10012465796
actually narrowed) since the late 1980s. Furthermore we find that occupational employment growth shifted from monotonically ….S. labor market, with employment polarizing into high-wage and low-wage jobs at the expense of middle-wage work. We show how a …
Persistent link: https://www.econbiz.de/10012466685
visible in a recent "polarization" of skill demands in which employment has expanded in high-wage and low-wage work at the …
Persistent link: https://www.econbiz.de/10012467050
We reassess the effect of state and federal minimum wages on U.S. earnings inequality using two additional decades of data and far greater variation in minimum wages than was available to earlier studies. We argue that prior literature suffers from two sources of bias and propose an IV strategy...
Persistent link: https://www.econbiz.de/10012462124