Full Citation
Title: New digital technologies and heterogeneous wage and employment dynamics in the United States: Evidence from individual-level data
Citation Type: Journal Article
Publication Year: 2022
ISBN:
ISSN: 0040-1625
DOI: 10.1016/J.TECHFORE.2021.121381
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Abstract: We analyze heterogeneous effects of new digital technologies on individual-level wage and employment dynamics in the United States from 2011-2018. To this end, we employ four digital technology measures from recent literature: computerization probabilities of occupations, occupational impacts of artificial intelligence, and the suitability of tasks for machine learning and their within-occupation variance. Based on CPS and ASEC panel data, the results indicate that labor-displacing digital technologies are associated with slower wage growth and higher probabilities of switching one's occupation and becoming non-employed. In contrast, labor-reinstating digital technologies improve individual labor market outcomes. Workers with high levels of formal education are most affected by the new generation of digital technologies.
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Authors: Fossen, Frank M.; Sorgner, Alina
Periodical (Full): Technological Forecasting and Social Change
Issue:
Volume: 175
Pages: 1-17
Data Collections: IPUMS CPS
Topics: Education, Labor Force and Occupational Structure, Poverty and Welfare
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