Alan S. Blinder
Alan S. Blinder is the Gordon S. Rentschler Memorial Professor of Economics and Public Affairs at Princeton University, and Co-Director of Princeton’s Center for Economic Policy Studies, which he founded in 1990. He is also Vice Chairman of the Promontory Interfinancial Network. Dr Blinder was previously President of the Eastern Economic Association and Vice President of the American Economic Association. He is a member of the board of the Council on Foreign Relations, a member of the Economic Club of New York, the Bretton Woods Committee and the Bellagio Group, and a former governor of the American Stock Exchange. Dr Blinder also serves on academic advisory panels for the Federal Reserve Bank of New York, the Bank for International Settlements and the Hamilton Project. He has been elected to the American Philosophical Society and the American Academy of Arts and Sciences.
Papers Published in World Economics:
How Many US Jobs Might be Offshorable?
Using detailed information on the nature of work done in over 800 US Bureau of Labor Statistics occupational codes, this paper ranks those occupations according to how easy/hard it is to offshore the work – either physically or electronically. Using this ranking, it is estimated that somewhere between 22% and 29% of all US jobs are or will be potentially offshorable within a decade or two. (No estimate is made of how many jobs will actually be offshored.) Since the rankings are subjective, two alternatives are presented – one is entirely objective, the other is an independent subjective ranking. In general, they corroborate the rankings, albeit not perfectly. It is found that there is little or no correlation between an occupation’s ‘offshorability’ and the skill level of its workers (as measured either by educational attainment or wages). However, it appears that, controlling for education, the most highly offshorable occupations were already paying significantly lower wages in 2004.
Read Full Paper >