Considerable concern has recently been expressed worldwide about growing income
inequality. Much of the discussion, though, has been in general terms and focused on the …

To show how fast Internet affects employment in Africa, we exploit the gradual arrival of
submarine Internet cables on the coast and maps of the terrestrial cable network. Robust …

Does adoption of broadband internet in firms enhance labor productivity and increase
wages? Is this technological change skill biased or factor neutral? We combine several …

This paper argues that several of the poor labor market outcomes observed in the Great
Recession can be traced back to a change in the demand pattern for skilled workers that …

An important class of active labor market policy has received little impact evaluation:
immigration barriers intended to raise wages and employment by shrinking labor supply …

Research on the labor market impact of immigration typically relies on a single-good model
of production with separable capital. This article discusses theory and evidence that suggest …

Science, technology, engineering, and mathematics (STEM) workers are fundamental inputs
for innovation, the main driver of productivity growth. We identify the long-run effect of STEM …

Saving Capitalism from the Capitalists is a groundbreaking book that will radically change
our understanding of the capitalist system, particularly the role of financial markets. They are …

Over the past thirty years, US manufacturing plants invested heavily in automation
machinery. This paper shows these investments substituted for the least-skilled workers and …

This paper shows that a large fraction of the 1973–2003 growth in residual wage inequality
is due to composition effects linked to the secular increase in experience and education, two …