Wednesday, 3 July 2019

The individual consequences of occupational decline

a column by Per-Anders Edin, Tiernan Evans, Georg Graetz, Sofia Hernnäs and Guy Michaels for VOX: CEPR’s Policy Portal

As new technologies replace human labour in a growing number of tasks, employment in some occupations invariably falls.

This column compares outcomes for similar workers in similar occupations over 28 years to explore the consequences of large declines in occupational employment for workers’ careers. While mean losses in earnings and employment for those initially working in occupations that later declined are relatively moderate, low-earners lose significantly more.

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