Earnings Dynamics, Changing Job Skills, and STEM Careers.
This article studies the impact of changing job skills on career earnings dynamics for college graduates. We measure changes in the skill content of occupations between 2007 and 2019 using detailed job descriptions from a near universe of online job postings. We then develop a simple model where the...
| Publicado en: | Quarterly Journal of Economics Vol. 135; no. 4; pp. 1965 - 2006 |
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| Autores principales: | , |
| Formato: | Artículo |
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Oxford University Press / USA
Nov2020
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=145338250&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 145338250 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00335533 QJE jtl: Quarterly Journal of Economics issn: 00335533 maglogo: N pubinfo: dt: Nov2020 vid: 135 iid: 4 pid: 622 pub: Oxford University Press / USA artinfo: ui: 145338250 10.1093/qje/qjaa021 ppf: 1965 ppct: 41 formats: tig: atl: Earnings Dynamics, Changing Job Skills, and STEM Careers. aug: au: Deming, David J Noray, Kadeem affil: Harvard University and National Bureau of Economic Research Harvard University su: Career changes Job skills Job descriptions College graduates Job postings sug: subj: Career changes Job skills Job descriptions College graduates Job postings ab: This article studies the impact of changing job skills on career earnings dynamics for college graduates. We measure changes in the skill content of occupations between 2007 and 2019 using detailed job descriptions from a near universe of online job postings. We then develop a simple model where the returns to work experience are a race between on-the-job learning and skill obsolescence. Obsolescence lowers the return to experience, flattening the age-earnings profile in faster-changing careers. We show that the earnings premium for college graduates majoring in technology-intensive subjects such as computer science, engineering, and business declines rapidly, and that these graduates sort out of faster-changing occupations as they gain experience. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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