What happens when agent T gets a computer? The labor market impact of cost efficient computer adoption
A model of how computer technology has changed the labor market is developed, demonstrating that wage differentials between computer users and non-users are consistent with computers first being introduced in high-wage jobs following cost efficiency. The model reveals that neither differences in computer skills nor complementary skills are needed to explain wage differentials between users and non-users, skill upgrading, and the changing organization and intensity of work.
Publication Name: Journal of Economic Behavior & Organization
The flow approach to labor markets: new data sources and micro-macro links
Possibilities for formulation of theories of frictional unemployment on basis of flow of workers into and out of labor force, based on expansion and contraction of labor force, is discussed.
Publication Name: Journal of Economic Perspectives
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