Hernandez Martinez, Victor; Holter, Hans Aasnes; … - 2022
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 …