“...We document that job polarization—contrary to the consensus—has started as early as the 1950s in the United States: middle-wage workers have been losing both...”

“...Job polarization refers to the shrinking share of employment in middle-skill, routine occupations experienced over the past 35 years. Jobless recoveries refers...”

“...High- and low-wage occupations are expanding rapidly relative to middle-wage occupations in both the U.S. and the E.U. We study the reallocation of workers...”

“...We document that the decline in the labor income share since the 1950s has been countered by a rise in the income share of capital goods that embody...”

“...Job polarization refers to the shrinking share of employment in middle-skill, routine occupations experienced over the past 35 years. Jobless recoveries refers...”

“...•Within firm changes are a significant factor in the trend towards job polarization.•Organizational and technological change co-occur with changes in the job...”

“...•The standard technology hypothesis can’t match pre and post 2000 polarization.•Results are robust to a wide range of calibrations and extensions.•Constant...”

“...We empirically investigate the role of central banks in the context of heterogeneous labor markets, jobless recoveries and job polarization. Specifically, we...”

“...Recent empirical evidence suggests that skill-biased technological change accelerated during the Great Recession. We use a neoclassical growth framework to...”