National Longitudinal Survey of Youth data were used to test a training model proposing that more able workers change jobs less frequently. Analysis supported the notion that able workers have a comparative advantage in specialized employment sectors. (Author/SK)

This study analyzes the relationship between entrepreneur human capital endowments and minority enterprise profitability. In addition to fostering industrial diversity by creating and expanding firms in heavy construction, manufacturing, and skill-intensive services, the better-educated entrepreneur group is found to be utilizing effectively both…

This paper investigates the effect of automation on the occupational demand for labor using modern econometric demand theory. The empirical results demonstrate the strong effects of innovative activity in the telecommunications industry. Technical change was capital-using and labor-saving, with the labor-saving impact being felt most severely by…