Do recessions accelerate routine-biased technological change? Evidence from vacancy postings

We show that skill requirements in job vacancy postings differentially increased in MSAs that were hit hard by the Great Recession, relative to less hard-hit areas. These increases persist through at least the end of 2015 and are correlated with increases in capital investments, both at the MSA and...

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Bibliographic Details
Published in:	The American economic review Vol. 108; no. 7; pp. 1737 - 1772
Main Authors:	Hershbein, Brad J, Kahn, Lisa B
Format:	Journal Article
Language:	English
Published:	Nashville American Economic Association 01.07.2018
Subjects:	Arbeitsanforderung Arbeitskräftebedarf Arbeitsplatzangebot Auswirkung Ballungsraum Bias Capital Capital investments Careers Great Recession Investments Job vacancies Konjunkturaufschwung Niedrig qualifizierte Arbeit Occupations Qualifikationsanforderung Qualifikationsniveau Qualifikationswandel Recessions Regionale Disparität Regionaler Faktor Rezession Routine Skilled workers Stellenangebot Stellenanzeige Stellenbeschreibung Technological change Technologische Entwicklung USA Wirtschaftskrise
ISSN:	0002-8282, 1944-7981
Online Access:	Get full text
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