Human Capital Accumulation and Labor Market Equilibrium

We analyze an equilibrium labor market with on‐the‐job search and experience effects (as workers learn by doing). The analysis yields a Mincer wage equation with worker fixed effects and endogenously determined firm fixed effects. Equilibrium sorting - where over time more experienced workers also tend to move to better paid employment - has a significant impact on wage inequality

MoreLess

Year of publication:	2011
Authors:	Burdett, Kenneth ; Carrillo‐Tudela, Carlos ; Coles, Melvyn G.
Publisher:	[S.l.] : SSRN
Subject:	Bildungsinvestition \| Human capital investment \| Humankapital \| Human capital \| Arbeitsmarkttheorie \| Labour market theory \| Arbeitsuche \| Job search \| Gleichgewichtsmodell \| Equilibrium model \| Lohnstruktur \| Wage structure \| Betriebliches Bildungsmanagement \| Employer-provided training \| Arbeitsmarkt \| Labour market

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (21 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: International Economic Review, Vol. 52, Issue 3, pp. 657-677, 2011 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 2011 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014178137