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The divergence of unemployment rates between the United States and Europe coincided with a substantial acceleration in capital-embodied technical change in the late 1970s. Evidence suggests that European economies have lagged behind the United States in the adoption and usage of new...
Persistent link: https://www.econbiz.de/10011489796
This paper establishes that the rise in employer-provided training due to technological change has dampened the college wage premium. Using unique survey micro-data, I show that hightechnology firms provide more training overall, but the gap in training participation between high- and low-skill...
Persistent link: https://www.econbiz.de/10014635196
To rationalize a substantial income share of labor despite progressive task automation over the centuries, we present a simple model in which demand moves along a vertically differentiated production structure toward goods of increasing sophistication. Automation of more sophisticated goods...
Persistent link: https://www.econbiz.de/10012012963
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Globalisation is one of the primary accused culprits of growing income inequality in the developed world. In particular, outbound foreign direct investment (FDI) is often associated with general "skill upgrading" in the home country, that is, a shift in relative labour demand from low skilled...
Persistent link: https://www.econbiz.de/10009733105
Do workers vary in their ability to work with others? I compare a given worker's productivity in solitary production to their value-added to team production to identify team skills: a worker's contribution to team production above and beyond that given by general skills. The identifying...
Persistent link: https://www.econbiz.de/10012036713
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Based on unique data from the second wave of the Cedefop European skills and jobs survey (ESJS2), this study examines the drivers of labour shortages in European labour markets. Detailed information on foundation, digital, manual, and interpersonal job-skill requirements in European labour...
Persistent link: https://www.econbiz.de/10014536112
Understanding the characteristics of vacancies for which employers seek to recruit foreign workers could help to support the EU's economic migration policy, based on the demand-led approach. This working paper presents discussion of six potential approaches to using online job advertisements in...
Persistent link: https://www.econbiz.de/10014259125