Recession‐proof skills, cities, and resilience in economic downturns
结合O*NET和1990-2015年月度人口调查数据，发现高认知和人际技能要求的职业在经济衰退中更稳定，尤其在城市地区，且城市复苏速度取决于其初始职业技能构成。
Abstract We provide evidence, by combining Occupational Information Network (O*NET) data with monthly Current Population Survey data from 1990 to 2015, that occupations characterized by high cognitive and people skill requirements are less sensitive to recessions, conditional on educational attainment, industry, and individual characteristics. These results are driven by urban areas, particularly noncollege educated people in urban areas, and vary with city size. Finally, we provide the first evidence that metropolitan areas’ recovery from economic downturns depends upon initial skill composition of occupations in the area.