A Year Older, A Year Wiser (and Farther from Frontier): Invention Rents and Human Capital Depreciation
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We look at how the arrival of an invention affects wage returns and probability of moving out of employment for white- and blue-collar coworkers of the inventor. First results suggest that older workers are hurt by the arrival of an invention. This negative effect disappears when we control for
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美国国家经济研究局创建时间：
2022-03-01
