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Truck drivers who are most concerned about automation are, counterintuitively, also most likely to say they intend to reinvest in that occupation. This finding does not hold among drivers who are most familiar with the low costs of community college. This is consistent with a simple model in...
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The general election’s timing is set by statute. Nonetheless, it would be irresponsible to require people to vote in person in the midst of a pandemic. Dramatically lower turnout would inevitably distort the results. Postponing general elections is much more problematic than postponing...
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The variation in a state-level measure of local economic-policy uncertainty during the 2007-2009 recession matches the cross-sectional distribution of unemployment outcomes in this period. This relationship is robust to numerous controls for other determinants of labor market outcomes. Using...
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We study the local economic spillovers generated by LeBron James' presence on a team in the National Basketball Association. Mr. James, the first overall pick of the 2003 NBA draft, spent the first seven seasons of his career at the Cleveland Cavaliers, and then moved to the Miami Heat in 2010,...
Persistent link: https://www.econbiz.de/10012956457
The Great Recession and subsequent recovery have been particularly painful for low-skilled workers. From 2007 to 2012, the unemployment rate rose by 6.4 percentage points for noncollege workers while it rose by only 2.3 percentage points for the college educated. This differential impact was...
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