“…Labor mobility across occupations is a function of the transferability of skills between the origin and destination occupations. The labor literature suggests that the likelihood and cost of labor mobility across occupations largely depends on the similarity of the skill sets required by the origin and destination occupations (Shaw, 1984;Violante, 2002;Macaluso, 2017 Zuniga andYuen, 2020). Following Gathmann and Schonberg (2020), we construct a measure of skill distance between occupation pairs, capturing the degree of skill dissimilarity required by the two occupations.…”