The American economic review, 2013-08, Vol.103 (5), p.1553-1597
2013
Details
- Autor(en) / Beteiligte
- Titel
- The Growth of Low-Skill Service Jobs and the Polarization of the US Labor Market
- Ist Teil von
- The American economic review, 2013-08, Vol.103 (5), p.1553-1597
- Ort / Verlag
- Nashville: American Economic Association
- Erscheinungsjahr
- 2013
- Link zum Volltext
- Quelle
- EBSCOhost Business Source Ultimate
- Beschreibungen/Notizen
- We offer a unified analysis of the growth of low-skill service occupations between 1980 and 2005 and the concurrent polarization of US employment and wages. We hypothesize that polarization stems from the interaction between consumer preferences, which favor variety over specialization, and the falling cost of automating routine, codifiable job tasks. Applying a spatial equilibrium model, we corroborate four implications of this hypothesis. Local labor markets that specialized in routine tasL · differentially adopted information technology, reallocated low-skill labor into service occupations (employment polarization), experienced earnings growth at the tails of the distribution (wage polarization), and received inflows of skilled labor.
- Sprache
- Englisch
- Identifikatoren
- ISSN: 0002-8282eISSN: 1944-7981DOI: 10.1257/aer.103.5.1553Titel-ID: cdi_proquest_miscellaneous_1428512042
- Format
- –
- Schlagworte
- Censuses, Commuting, Economic theory, Education, Employment, Equilibrium models, Inequality, Information technology, Labor, Labor market, Labor markets, Labor supply, Labour market, Local labor markets, Occupations, Service industries, Service industry workers, Skilled workers, Skills, Spatial models, Studies, U.S.A, Unemployment, Unskilled workers, Wage differential, Wages, Wages & salaries