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Macroeconomics Workshop - Enghin Atalay

Thu, 09/28/2017 - 11:40am

Enghin Atalay

University of Wisconsin, Madison

498 Uris Hall


Using the text from help wanted ads, we construct a new data set of occupational task content from 1960 to 2000. We document that within-occupation shifts are at least as important as employment shifts across occupations in accounting for the aggregate decline of routine tasks. Motivated by these patterns, we first apply our new task measures to a reduced-form statistical decomposition, and second embed our measures in an equilibrium model of occupational choice. These two exercises indicate that shifts in the relative demand for tasks account for a 25 log point increase in 90-10 earnings inequality over our sample period.

Event Categories: Macroeconomics