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Job Loss: Bridging the Research and Policy Discussion

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Author Info
Lynch, Lisa M. () (Tufts University and IZA Bonn)

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Abstract

In this paper I discuss a structural problem facing the United States with respect to our policy responses in the context of trade and technological change and their impact on workers. Both trade and technological change have put enormous pressure on the U.S. economy to raise the skill level of the workforce. But the supply of skilled workers in the U.S. is just not keeping pace with the changes in demand due to technology and trade. Fixing this crisis requires us to understand both the skill quality of workers entering into the labor market and the nature of the stock of skills of workers already in the job market. This paper summarizes our knowledge on where workers get skills training and the returns to this training – both private and public. It then discusses how the academic research has informed the policy process and provides some suggestions on how academic economists can get involved in the policy debate to influence the direction of policy.

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Publisher Info
Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 1518.

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Length: 21 pages
Date of creation: Mar 2005
Date of revision:
Handle: RePEc:iza:izadps:dp1518

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Postal: IZA, P.O. Box 7240, D-53072 Bonn, Germany
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Related research
Keywords: human capital

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Find related papers by JEL classification:
J2 - Labor and Demographic Economics - - Demand and Supply of Labor

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Christopher J. O'Leary & Paul T. Decker & Stephen A. Wandner, 2003. "Cost-Effectiveness of Targeted Reemployment Bonuses," Staff Working Papers 03-51, W.E. Upjohn Institute for Employment Research. [Downloadable!] (restricted)
  2. Author-Name: Alan S. Blinder & Alan B. Krueger, 2004. "What Does the Public Know about Economic Policy, and How Does It Know It?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 35(2004-1), pages 327-397. [Downloadable!]
    Other versions:
  3. Louis Jacobson & Robert J. LaLonde & Daniel Sullivan, 2005. "The impact of community college retraining on older displaced workers: Should we teach old dogs new tricks?," Industrial and Labor Relations Review, ILR Review, ILR School, Cornell University, vol. 58(3), pages 398-415, April.
  4. James Heckman & Jeffrey Smith & Christopher Taber, 1998. "Accounting For Dropouts In Evaluations Of Social Programs," The Review of Economics and Statistics, MIT Press, vol. 80(1), pages 1-14, February. [Downloadable!] (restricted)
  5. Lori G. Kletzer, 2005. "Globalization and job loss, from manufacturing to services," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q II, pages 38-46. [Downloadable!]
  6. Carneiro, Pedro & Heckman, James J., 2003. "Human Capital Policy," IZA Discussion Papers 821, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  7. Victor R. Fuchs & Alan B. Krueger & James M. Poterba, 1998. "Economists' Views about Parameters, Values, and Policies: Survey Results in Labor and Public Economics," Journal of Economic Literature, American Economic Association, vol. 36(3), pages 1387-1425, September. [Downloadable!] (restricted)
  8. James J. Heckman & Jeffrey A. Smith, 2004. "The Determinants of Participation in a Social Program: Evidence from a Prototypical Job Training Program," Journal of Labor Economics, University of Chicago Press, vol. 22(2), pages 243-298, April. [Downloadable!]
    Other versions:
  9. James J. Heckman & Jeffrey A. Smith & Christopher Taber, 1996. "What Do Bureaucrats Do? The Effects of Performance Standards and Bureaucratic Preferences on Acceptance into the JTPA Program," NBER Working Papers 5535, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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