02156cas a2200265 a 4500 AALejournalIMF015899 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513515410 1018-5941 BD-DhAAL BD-DhAAL Dabla-Norris, Era. Job Polarization and the Declining Fortunes of the Young : Evidence from the United Kingdom / Era Dabla-Norris, Carlo Pizzinelli, Jay Rappaport. Washington, D.C. : International Monetary Fund, 2019. 1 online resource (55 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper uses a life-cycle framework to document new stylized facts about the nexus between job polarization and earnings inequality. Using quarterly labor force data for the UK over the period 2000-2018, we find clear life-cycle profiles in the probability of being employed within each occupation type and wages earned therein. Cohort plots and econometric analysis suggest that labor market outcomes and prospects have gradually worsened for the young. These adverse trends are particularly significant for low-skill women: estimated cohort effects point to a fall in wages within each occupation as well as a lower propensity of being employed in abstract-task occupations. We also find evidence of general occupational downgrading in the UK, with more educated workers taking up fewer high-skill occupations than they did in the past. Our analysis informs the policy debate over appropriate measures needed to reduce skill mismatches and alleviate labor market transitions. Mode of access: Internet Pizzinelli, Carlo. Rappaport, Jay. IMF Working Papers; Working Paper ; No. 2019/216 Full text available on IMF http://elibrary.imf.org/view/journals/001/2019/216/001.2019.issue-216-en.xml IMF e-Library