How Replaceable is a Low-Wage Job?

Evan K. Rose, Yotam Shem-Tov. 2024. “How Replaceable is a Low-Wage Job?” Working paper, downloaded March 2025. Check the authors’ websites for the posted paper: https://ekrose.github.io/ https://yotamshemtov.github.io/ Many economists argue that the long-run consequences of losing a low-wage job are likely to be minimal, as displaced workers can easily obtain a comparable new position. How accurate is this argument? About this channel: econimate® is a YouTube channel aimed at making economics research accessible and engaging. What questions do economists ask, how do they answer them, and how does this research help explain the world around us? http://www.econimate.com/ Created by Hoai-Luu Nguyen Video uses “WritingMarker” by fastson licensed under https://creativecommons.org/licenses/...