Tag Archives: labor market

Human Capital Investment, Inequality and Economic Growth

Posted on January 12, 2016 by

From Murphy and Topel: We treat rising inequality is an equilibrium outcome in which human capital investment fails to keep pace with rising demand for skills. Investment affects skill supply and prices on three margins: the type of human capital … Continue reading →

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Inequality and Technological Change: The Skill Complementarity of Broadband Internet

Posted on February 18, 2014 by

A very interesting paper from Anders Akerman, Ingvil Gaarder, Magne Mogstad: Does adoption of broadband internet in firms enhance labor productivity and increase wages? And is this technological change skill biased or factor neutral? We exploit rich Norwegian data with firm-level information on … Continue reading →

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Who Benefits from the EITC?

Posted on February 18, 2013 by

Given the discussion on minimum wages and other low-income programs, I thought I’d highlight a study by Jesse Rothstein that roughly argues that the EITC encourages more people to work, which bids wages down for low income workers and enables … Continue reading →

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4 Ways Persistently High Unemployment Could Ossify – the Human Capital Channel

Posted on February 1, 2013 by

Brad Plumer has a post today on rough projections that we will not reach full employment until 2022. Here are four ways that failing to address the unemployment problem today could lead to long-lasting (and potentially permanent) reductions in human capital, employment, and social … Continue reading →

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The Determinants and Welfare Implications of US Workers’ Diverging Location Choices by Skill: 1980-2000

Posted on January 10, 2013 by

From Rebecca Diamond: ABSTRACT: From 1980 to 2000, the substantial rise in the U.S. college-high school graduate wage gap coincided with an increase in geographic sorting as college graduates increasingly concentrated in high wage, high rent metropolitan areas, relative to lower … Continue reading →

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Number of Unemployed Per Job Opening

Posted on December 12, 2012 by

The Hamilton Project has a great report titled “The Importance of Unemployment Insurance for American Families & the Economy.” Here’s one of the key graphs:

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