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Type | Journal Article |
Scope | Discipline-based scholarship |
Title | Job polarization and jobless recoveries |
Organization Unit | |
Authors |
|
Item Subtype | Original Work |
Refereed | Yes |
Status | Published in final form |
Language |
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Journal Title | The Review of Economics and Statistics |
Publisher | MIT Press |
Geographical Reach | international |
ISSN | 0034-6535 |
Volume | 102 |
Number | 1 |
Page Range | 129 - 147 |
Date | 2020 |
Abstract Text | Job polarization refers to the shrinking share of employment in middle-skill, routine occupations experienced over the past 35 years. Jobless recoveries refers to the slow rebound in aggregate employment following recent recessions despite recoveries in aggregate output. We show how these two phenomena are related. First, essentially all employment loss in routine occupations occurs in economic downturns. Second, jobless recoveries in the aggregate can be accounted for by jobless recoveries in the routine occupations that are disappearing. |
Digital Object Identifier | 10.1162/rest_a_00875 |
Other Identification Number | merlin-id:19196 |
PDF File | Download from ZORA |
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Keywords | Economics and econometrics, social sciences (miscellaneous), job polarization, jobless recovery, routine occupations, business cycle |