| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14136 |
| DP14136 Technology Boom, Labor Reallocation, and Human Capital Depreciation | |
| Johan Hombert; Adrien Matray | |
| 发表日期 | 2019-11-20 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Using matched employer-employee data from France, we uncover an "ICT boom-cohort discount" on the long-term wage of the large cohort of skilled workers entering in the Information and Communication Technology (ICT) sector during the late 1990s technology boom. Despite starting with 5% higher wages, these workers experience lower wage growth and end up with 6% lower wages fifteen years out, relative to similar workers who started outside the ICT sector. Other moments of the wage distribution are inconsistent with selection effects. These workers accumulate human capital early in their career that rapidly depreciates, implying that labor reallocation during technology booms can have long-lasting effects. |
| 主题 | Macroeconomics and Growth |
| URL | https://cepr.org/publications/dp14136 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543025 |
| 推荐引用方式 GB/T 7714 | Johan Hombert,Adrien Matray. DP14136 Technology Boom, Labor Reallocation, and Human Capital Depreciation. 2019. |
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