Metadata
- Author: Oup Academic
- Full Title:: Earnings Dynamics, Changing Job Skills, and STEM Careers*
- Category:: 🗞️Articles
- Document Tags:: Life Principles And Long Standing Challenges, 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)
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)
But we should measure similarity
changing careers require workers to learn many new tasks each yea (View Highlight)
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)
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)
while Aubert, Caroli, and Roger (2006) find that innovative firms are more likely to hire younger workers. (View Highlight)