Matthias Parey (University of Surrey)
CReAM - Brown Bag Seminar Matthias Parey (University of Surrey) 'Tasks and Technology: The Labor Market Effects of Innovation'
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12.30pm - 1.30pm (UK time)
Location: Drayton 321
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About the event

This paper provides new evidence on the effect of innovation on employment and wage outcomes for workers in the US over the period 1980-2016. For this purpose, the paper develops a task-based view of innovation, using a text analysis approach based on information from patents. I then study the labor market effects of innovation. I find that employment among low-skill occupations declines in response to innovation. At the same time, high-skill occupations experience significant wage increases, and these are found to be particularly pronounced among professional workers. The results suggest that technological advances play an important role in driving increases in inequality observed over recent decades.

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Please check back closer to the event for more details.

Online format and rules
  • The online seminars are held on Zoom and last 75 minutes; 60 minutes are allocated to the seminar and 15 minutes for discussion
  • The online seminars are held on Zoom and last 60 minutes including discussion.
  • The link to each seminar will appear above prior to the start time. Please email h.ku@ucl.ac.uk si.xu.20@ucl.ac.uk if you have not received the password by the day of the seminar.
  • The moderator will collect audience questions in chat or using the 'raise hand' function, but feel free to interrupt the presenter for short questions or clarifications.
  • Please keep your camera on and your microphone off except when asking questions.
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