Skill biased technical change: panel evidence of task orientation, wage effects, and labor dynamics

Ross, Matthew (2014): Skill biased technical change: panel evidence of task orientation, wage effects, and labor dynamics.

Abstract

Existing empirical analyses of Skill Biased Technical Change focus on examining repeated cross-sections of individuals holding occupational task measures fixed. That approach cannot explore how wages respond to temporal variation in task orientation. This analysis examines wage effects using a synthetic panel of occupational task measures constructed from 17 releases of the O*NET database. This synthetic panel is combined with a panel of individual workers. Cross-occupational estimates that control for individual fixed-effects confirm previous empirical findings find a reduced overall magnitude. Fixed-effects estimates reveal that occupational transitions contribute substantially to observed wage effects while task variation within occupations does not.

• Item Type: MPRA Paper
• Language: English
• Keywords: Skill Biased Technical Change, O*Net, Task Measures, Wages, Employment Dynamics
• Subjects: J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J20 - General; J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J23 - Labor Demand; J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J24 - Human Capital ; Skills ; Occupational Choice ; Labor Productivity; J - Labor and Demographic Economics > J3 - Wages, Compensation, and Labor Costs; J - Labor and Demographic Economics > J3 - Wages, Compensation, and Labor Costs > J30 - General; J - Labor and Demographic Economics > J3 - Wages, Compensation, and Labor Costs > J31 - Wage Level and Structure ; Wage Differentials; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O30 - General; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O31 - Innovation and Invention: Processes and Incentives; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O33 - Technological Change: Choices and Consequences ; Diffusion Processes

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