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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w26625 |
来源ID | Working Paper 26625 |
Technological Transitions with Skill Heterogeneity Across Generations | |
Rodrigo Adão; Martin Beraja; Nitya Pandalai-Nayar | |
发表日期 | 2020-01-06 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We study how inequality, skills, and economic activity adjust over time to technological innovations. We develop a theory of technological transitions where economies adjust through two margins: (i) within-generation reallocation of workers with heterogeneous skills, and (ii) cross-generation changes in the skill distribution driven by entering generations investing in skills. We then characterize the equilibrium dynamics, showing that they resemble those of a q-theory of skill investment where q is lifetime inequality. Technological transitions are slower and more unequal whenever innovations are biased towards economic activities intensive in skills which differ more from those used in the rest of the economy—i.e., technology-skill specificity is higher. This is because the first margin is weaker and the second stronger. Lastly, we document that recent cognitive-biased innovations caused responses in occupational composition and training which were strong for younger generations but weak for older ones. This evidence is consistent with high technology-skill specificity, implying that cognitive-biased transitions are particularly slow and unequal because they are mainly driven by changes in the skill distribution across generations. |
主题 | Econometrics ; Macroeconomics ; International Economics ; Labor Economics |
URL | https://www.nber.org/papers/w26625 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584298 |
推荐引用方式 GB/T 7714 | Rodrigo Adão,Martin Beraja,Nitya Pandalai-Nayar. Technological Transitions with Skill Heterogeneity Across Generations. 2020. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w26625.pdf(1595KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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