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This paper studies how portable skill accumulated in the labor market are. Using rich data on tasks performed in occupations, we propose the concept of task-specific human capital to measure the transferability of skills empirically. Our results on occupational mobility and wages show that labor...
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The objective of this paper is to construct and quantitatively assess an equilibrium search model with on-the-job search and general human capital accumulation. In the model workers enter the labour market with different abilities and firms differ in their productivities. Wages are dispersed...
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This paper reviews Jacob Mincer?s contributions to the analyses of earnings and the distribution of earnings through … theoretical literature on the distribution of earnings in the pre-Mincer period, and then discusses his analysis of human capital … and earnings developed in his 1957 doctoral dissertation and 1958 Journal of Political Economy (JPE) article. Further …
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Mobility of workers involves flows of labour, human capital and other production factors and thus contributes to a more efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also change the international and national...
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