S-Space College of Social Sciences (사회과학대학) Institute of Economics Research (경제연구소) Seoul Journal of Economics Seoul Journal of Economics vol.26 no.1~4 (2013)
Technical Change, Heterogeneity in Skill Demand, and Employment Polarization
- Kim, Sung-min; Hwang, Jin-tae
- Issue Date
- Seoul Journal of Economics, Vol.26 No.3, pp. 361-381
- We explore how the rapid adoption of computer-related assets affects the recent polarization of employment in the U.S. labor market, which is inconsistent with the skill-biased technological change hypothesis. Similar to Goos and Manning (2007), we show that the job polarization could be explained by the routinization hypothesisof Autor, Levy, and Murnane (2003). Our empirical analyses confirm that the newly adopted computer-related capitals change the demands
for three types of skilled workers heterogeneously, leading to a polarization
in employment structure.