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Fiscal Policy and Occupational Employment Dynamics

Falko Jüßen, Christian Bredemeier () and Roland Winkler ()

Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association

Abstract: We document heterogeneity in occupational employment dynamics in response to government spending shocks. Employment rises most strongly in pink-collar occupations, while employment in blue-collar occupations is hardly affected. We develop a business-cycle model that explains the heterogeneous occupational employment dynamics as a consequence of differences in the short-run substitutability between labor and capital services across occupations.

JEL-codes: E62 E24 J21 J23 (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-dge and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168193

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