Burdett, Ken; Carrillo-Tudela, Carlos; Coles, Melvyn - Institute for the Study of Labor (IZA) - 2009
We analyse an equilibrium labour market with on-the-job search and experience effects (where workers learn-by-doing). The analysis yields a standard Mincer wage equation with worker fixed effects and endogenously determined firm fixed effects. It shows that learning-by-doing increases...