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Title: Computerization, Composition of Employment, and Structure of Wages
Citation Type: Miscellaneous
Publication Year: 2019
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Abstract: Investment in technology has been consistently growing since the 1950s when the mainframe started to influence business organizations, followed by the introduction of the PC, the internet, and mobile plat- forms. To address these structural changes on the U.S. labor market, we build a general equilibrium model of product differentiation in which job tasks are indexed by the levels of autonomy and social per- ceptiveness. We find that high-level autonomy tasks have experienced the biggest wage growth, while emotional tasks have experienced the biggest employment growth. Educational attainment displays rela- tively small variation over time and has narrowed among our labor groups.
Url: http://www.manuelssantos.com/uploads/5/8/7/2/58721379/technologyeras.pdf
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Authors: Plant, Robert; Santos, Manuel, S; Sayed, Tarek
Publisher: University of Miami
Data Collections: IPUMS USA
Topics: Labor Force and Occupational Structure
Countries: United States