Add to ORKGOver the past two decades, technological progress in the United States has been biased towards skilled labor. What does this imply for business cycles? We construct a quarterly skill premium from the CPS and use it to identify skill-biased technology shocks in a VAR with long-run zero and sign restrictions. Hours fall in response to skill-biased technology shocks, indicating that part of the technology-induced fall in hours is due to a compositional shift in labor demand. Investment-specific technology shocks reduce the skill premium, indicating that capital and skill are not complementary in aggregate production
The labour market position of low skilled workers has deteriorated dramatically over the 80s and ear...
Demand for less skilled workers decreased dramatically in the US and in other developed countries ov...
Demand for less-skilled workers plummeted in developed countries in the 1980s. In open economies, pe...
Over the past two decades, technological progress in the United States has been biased towards skill...
Over the past two decades, technological progress in the United States has been biased towards skill...
Over the past two decades, technological progress has been biased towards making skilled labor more ...
Over the past two decades, technological progress in the United States has been biased towards skill...
Technological change has been biased towards replacing routine labor over the past four decades. We ...
Skill-Biased Technical Change is a shift in the production technology that favors skilled over unski...
The evolution of the U.S. skill premium over the past century has been characterized by a U-shaped p...
I challenge the existing literature that claims that strongly biased technology is necessary to obse...
This paper attempts to examine technology’s impact on the labor market through the lens of skilled l...
Using a broad panel of advanced economies we document that increases in GDP per capita are associate...
Demand for less-skilled workers plummeted in developed countries in the 1980s. In open economies, pe...
In the US the skill premium and the non-production/production wage differential increased strongly f...
The labour market position of low skilled workers has deteriorated dramatically over the 80s and ear...
Demand for less skilled workers decreased dramatically in the US and in other developed countries ov...
Demand for less-skilled workers plummeted in developed countries in the 1980s. In open economies, pe...
Over the past two decades, technological progress in the United States has been biased towards skill...
Over the past two decades, technological progress in the United States has been biased towards skill...
Over the past two decades, technological progress has been biased towards making skilled labor more ...
Over the past two decades, technological progress in the United States has been biased towards skill...
Technological change has been biased towards replacing routine labor over the past four decades. We ...
Skill-Biased Technical Change is a shift in the production technology that favors skilled over unski...
The evolution of the U.S. skill premium over the past century has been characterized by a U-shaped p...
I challenge the existing literature that claims that strongly biased technology is necessary to obse...
This paper attempts to examine technology’s impact on the labor market through the lens of skilled l...
Using a broad panel of advanced economies we document that increases in GDP per capita are associate...
Demand for less-skilled workers plummeted in developed countries in the 1980s. In open economies, pe...
In the US the skill premium and the non-production/production wage differential increased strongly f...
The labour market position of low skilled workers has deteriorated dramatically over the 80s and ear...
Demand for less skilled workers decreased dramatically in the US and in other developed countries ov...
Demand for less-skilled workers plummeted in developed countries in the 1980s. In open economies, pe...