Thursday, January 16, 2025
From a paper by Monika Junicke, Jakub Mateju, Haroon Mumtaz, and Angeliki Theophilopoulou:
“This paper uses administrative labour market data from Czechia to investigate the heterogeneous effects of technology shocks. Using a FAVAR, the shock is identified using medium run restrictions `a la Uhlig (2004b). Workers on low wages reduce their hours in response to the shock, while the shock has a positive effect on hours for workers with wages at and above the median. Analysis of industrial and demographic groups indicates that the latter group is likely to consist of males, to be educated or to work in services.”
Posted by at 1:20 PM
Labels: Inclusive Growth
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