Alonzo, Davide; Gallipoli, Giovanni - 2023
We characterize the employment value of different worker-occupation matches and estimate the substitutability of match …-specific inputs in production. In an equilibrium model of the U.S. labor market, we examine the responses of employment and wages to …. After 1980, employment rents increased for educated workers but stagnated for others. Compensating differentials have risen …