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Do Recessions Accelerate Routine-Biased Technological Change? Evidence from Vacancy Postings

Brad Hershbein, Lisa B. Kahn

NBER Working Paper No. 22762
Issued in October 2016, Revised in September 2017

---- Acknowledgments ----

We are grateful to Jason Abaluck, Joe Altonji, David Autor, Tim Bartik, David Berger, Nick Bloom, Jeff Clemens, David Deming, David Green, John Horton, Hilary Hoynes, Peter Kuhn, Fabian Lange, Steve Malliaris, Adrien Matray, Alicia Sasser Modestino, Daniel Shoag, Henry Siu, Basit Zafar, four anonymous referees and seminar participants at the 2016 AEAs, the Atlanta Fed, Boston College, Boston University, Brookings, Georgetown University, Harvard, the LSE, MIT, NBER Summer Institute (Macro and Labor), Northwestern, Princeton, Rutgers, SOLE/EALE 2015 meetings, Trans Pacific Labor Seminar 2015, University of British Columbia, University of Chicago, University of Illinois, University of Kansas, University of Michigan, University of Notre Dame, University of Pennsylvania, University of Pittsburgh, University of South Florida, and the WEAI 2016 meetings. We are especially indebted to Dan Restuccia, Jake Sherman, and Bledi Taska for providing the Burning Glass data. Jing Cai provided excellent research assistance with CPS data. A previous version of this paper was titled "Is College the New High School? Evidence from Vacancy Postings." The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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