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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w27758 |
来源ID | Working Paper 27758 |
Jacks of All Trades and Masters of One: Declining Search Frictions and Unequal Growth | |
Paolo Martellini; Guido Menzio | |
发表日期 | 2020-08-31 |
出版年 | 2020 |
语种 | 英语 |
摘要 | Declining search frictions generate productivity growth by allowing workers to find jobs for which they are better suited. The return of declining search frictions on productivity varies across different types of workers. For workers who are “jacks of all trades”—in the sense that their productivity is nearly independent from the distance between their skills and the requirements of their job’ declining search frictions lead to minimal productivity growth. For workers who are “masters of one trade”—in the sense that their productivity is very sensitive to the gap between their individual skills and the requirements of their job—declining search frictions lead to fast productivity growth. As predicted by this view, we find that workers in routine occupations have low wage dispersion and growth, while workers in non-routine occupations have high wage dispersion and growth. |
主题 | Macroeconomics ; Consumption and Investment ; Labor Economics ; Labor Supply and Demand ; Labor Compensation ; Unemployment and Immigration ; Development and Growth ; Growth and Productivity |
URL | https://www.nber.org/papers/w27758 |
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/585430 |
推荐引用方式 GB/T 7714 | Paolo Martellini,Guido Menzio. Jacks of All Trades and Masters of One: Declining Search Frictions and Unequal Growth. 2020. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w27758.pdf(368KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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