workforce

Science and Engineering Workforce: Realizing America’s Potential

The National Science Board’s report indicates that as the economies flourish in nations that traditionally have exported many of their brightest minds to the U.S. for schooling and careers, and as American corporate outsourcing expands into research and development activities, the prospect of foreign science and engineering graduates coming to school here or remaining after graduation diminishes.

Restructuring in the Manufacturing Workforce: New York State and the Nation

The report from the Federal Reserve Bank of New York analyzes the restructuring of the manufacturing workforce over the past two decades by investigating how the occupational distribution of workers has changed. The analysis reveals that the decline in manufacturing jobs since the 1980s has been accompanied by a shift in the remaining workforce composition toward high-skilled occupations.

Regional Convergence in the European Union (1985-1999): A Spatial Dynamic Panel Analysis

The authors estimate the speed of income convergence for a sample of 196 European NUTS 2 regions over the period 1985-1999. They propose a two-step procedure, which involves first spatial filtering of the variables to remove the spatial correlation, and application of standard GMM estimators for dynamic panels in a second step. Results show that ignorance of the spatial correlation leads to potentially misleading results.

Spillovers From Foreign Firms Through Worker Mobility: An Empirical Investigation

Results of the study suggest that firms which are run by owners that worked for multinationals in the same industry immediately prior to opening up their own firm have higher productivity growth than other domestic firms. This suggests that these entrepreneurs bring with them some of the knowledge accumulated in the multinational which can be usefully employed in the domestic firm.