NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Working Papers by Jaison R. Abel

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Working Papers

September 2016Underemployment in the Early Careers of College Graduates Following the Great Recession
with Richard Deitz: w22654
Though labor market conditions steadily improved following the Great Recession, underemployment among recent college graduates continued to climb, reaching highs not seen since the early 1990s. In this paper, we take a closer look at the jobs held by underemployed college graduates in the early stages of their careers during the first few years after the Great Recession. Contrary to popular perception, we show that relatively few recent graduates were working in low-skilled service jobs, and that many of the underemployed worked in fairly well paid non-college jobs requiring some degree of knowledge and skill. We also find that the likelihood of being underemployed was lower for those with more quantitatively oriented and occupation-specific majors than it was for those with degrees in gen...

Forthcoming: Underemployment in the Early Careers of College Graduates Following the Great Recession, Jaison Abel, Richard Deitz. in Education, Skills, and Technical Change: Implications for Future U.S. GDP Growth, Hulten and Ramey. 2016

April 2004Hedonic Price Indexes for Personal Computer Operating Systems and Productivity Suites
with Alan G. White, Ernst R. Berndt, Cory W. Monroe: w10427
Results of hedonic price regressions for personal computer operating systems and productivity suites advertised in PC World magazine by retail vendors during the time period 1984 to 2000 are reported. Among the quality attribute variables we use are new measures capturing the presence of network effects in personal computer operating systems, such as connectivity and compatibility, and product integration among components of productivity suites. Average annual growth rates of quality-adjusted prices of personal computer operating systems range from -15 to -18 percent, while those for productivity suites generally range between -13 and -16 percent. Price declines are generally greater in the latter half of the samples.

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