In spite of the rapid growth in job polarization literature, different aspects of job polarization across industries have not yet been studied extensively. In this paper, we show that (1) the degree of job polarization is not the same across different industries and that (2) this observation is...

Hours volatility has changed non-monotonically across skill groups since the mid-1980s. The welfare cost of business cycles of mid-skilled workers became similar to that of high-skilled workers, while the relative welfare cost of low- to high-skilled workers remains very high.

A significant obstacle to studying business cycle properties of job polarization has been the presence of inconsistencies in aggregate employment data for different occupation groups. In order to overcome this problem, we construct aggregate hours series using the method of 'conversion factors',...

This paper explores the relationship between job polarization and interindustry wage differentials. Using the U.S. Census and EU KLEMS data, we find that the progress of job polarization between 1980 and 2009 was more evident in industries that initially paid a high wage premium to workers than...

a class of economies where firms display coordination motives in presence of dispersed information and where the outcome of the coordination is traded in a competitive asset market ´a-la Grossman and Stiglitz (1980). We show that when more private information is injected in the coordination...

We study the effects of school autonomy using a randomized natural experiment in Seoul. Private and public schools subject to the equalization policy in Seoul admit students assigned randomly to them, receive equal government funding, charge identical fees, and use similar curricula, while...

Young adults aged 19-24 are significantly less likely to have health insurance since most family insurance policies cut off dependents when they turn 19 or finish college. In recent years, several states in the United States have expanded eligibility to allow young adults to remain covered under...

This paper examines whether abortion legalization led to increased demand for pets in the United States. We compare women living in early-legalizing states, whose peak childbearing years occurred in the early 1970s, to women in other states and cohorts and estimate their likelihood of pet...