
## Metadata
- Author: [[oup-academic|Oup Academic]]
- Full Title:: Earnings Dynamics, Changing Job Skills, and STEM Careers*
- Category:: #🗞️Articles
- Document Tags:: [[life-principles-and-long-standing-challenges|Life Principles And Long Standing Challenges]], [[Bullshit jobs|Bullshit Jobs]].
- URL:: https://academic.oup.com/qje/article/135/4/1965/5858010?login=false
- Finished date:: [[2023-04-27]]
## Highlights
> We show that the earnings premium for college graduates majoring in technology-intensive subjects such as computer science, engineering, and business declines rapidly, and that these graduates sort out of faster-changing occupations as they gain experience. ([View Highlight](https://read.readwise.io/read/01gyzm1sj2x676vpph3prrjcn7))
> Science, technology, engineering, and math (STEM) occupations have the highest rates of change, followed by some technology-intensive business occupations in fields such as advertising, market research, and logistics. ([View Highlight](https://read.readwise.io/read/01gyzm7z5djhxn6z7p4a920nes))
But we should measure similarity
> changing careers require workers to learn many new tasks each yea ([View Highlight](https://read.readwise.io/read/01gyzm9qc5dj1nfq85a3qktk33))
> STEM majors with higher scores on the Armed Forces Qualifying Test (AFQT)—a widely used proxy for academic aptitude—leave STEM careers more often and at younger ages. ([View Highlight](https://read.readwise.io/read/01gyzmdanyxpdhy002vybfsty1))
> workers with one standard deviation higher ability are 5 percentage points more likely to work in STEM at age 24, but no more likely to work in STEM by age 40. W ([View Highlight](https://read.readwise.io/read/01gyzmdr28n3grdw9njr709d3p))
> while Aubert, Caroli, and Roger (2006) find that innovative firms are more likely to hire younger workers. ([View Highlight](https://read.readwise.io/read/01gyzmh47pm5nzs8dqx5mx699p))