Skills, Computerization, and Earnings in the Postwar U.S. Economy

Wolff, Edward N.

doi:10.2139/ssrn.276899

Download This Paper

Open PDF in Browser

Add Paper to My Library

Skills, Computerization, and Earnings in the Postwar U.S. Economy

Levy Economics Institute Paper No. 331

25 Pages Posted: 16 Jul 2001

See all articles by Edward N. Wolff

Edward N. Wolff

New York University (NYU) - Department of Economics; National Bureau of Economic Research (NBER); Bard College - Levy Economics Institute

Date Written: May 2001

Abstract

Using both time-series and pooled cross-section, time-series data for 44 industries over the period 1947-1997 in the United States, no evidence is found to support the idea that the growth of skills or educational attainment had any statistically significant effect on growth of earnings. On the other hand, earnings growth is found to be positively related to overall productivity growth and equipment investment, while computerization and international trade both had a retardant effect on earnings.

Suggested Citation: Suggested Citation

Wolff, Edward N., Skills, Computerization, and Earnings in the Postwar U.S. Economy (May 2001). Levy Economics Institute Paper No. 331, Available at SSRN: https://ssrn.com/abstract=276899 or http://dx.doi.org/10.2139/ssrn.276899