Technology Boom, Labor Reallocation, and Human Capital Depreciation
Technology Boom, Labor Reallocation, and Human Capital Depreciation
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技术繁荣、劳动力重新配置和人力资本折旧
DOI：
10.2139/ssrn.3187093
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发表时间：
2018
期刊：
影响因子：
--
通讯作者：
Adrien Matray
中科院分区：
文献类型：
--
作者：
J. Hombert;Adrien Matray
使用来自法国的相匹配的雇主-雇员数据，我们发现在20世纪90年代末技术繁荣期间进入信息和通信技术(ICT)部门的大量熟练工人的长期工资存在“ICT繁荣-队列折扣”。尽管开始时工资高出5%，但这些工人的工资增长较低，15年后与信息和通信技术部门以外的类似工人相比，工资下降了6%。工资分配的其他时刻与选择效应不一致。这些工人在职业生涯早期积累了迅速贬值的人力资本，这意味着在技术繁荣时期的劳动力重新分配可能会产生长期影响。
Using matched employer-employee data from France, we uncover an "ICT boom-cohort discount" on the long-term wage of the large cohort of skilled workers entering in the Information and Communication Technology (ICT) sector during the late 1990s technology boom. Despite starting with 5% higher wages, these workers experience lower wage growth and end up with 6% lower wages fifteen years out, relative to similar workers who started outside the ICT sector. Other moments of the wage distribution are inconsistent with selection effects. These workers accumulate human capital early in their career that rapidly depreciates, implying that labor reallocation during technology booms can have long-lasting effects.