Showing 1 - 10 of 283
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...
Persistent link: https://www.econbiz.de/10010268280
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...
Persistent link: https://www.econbiz.de/10010290001
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 …
Persistent link: https://www.econbiz.de/10010261574
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...
Persistent link: https://www.econbiz.de/10010268676
evolution of earnings inequality is what we refer to as the canonical model, which elegantly and powerfully operationalizes the …-monotone changes in wages at different parts of the earnings distribution during different decades; (3) broad-based increases in … for analyzing how recent changes in the earnings and employment distribution in the United States and other advanced …
Persistent link: https://www.econbiz.de/10013116038
Employing original, representative survey data, we document that cognitive, interpersonal and physical job task demands can be measured with high validity using standard interview techniques. Job tasks vary substantially within and between occupations, are significantly related to workers'...
Persistent link: https://www.econbiz.de/10013158506
In traditional signaling models, education provides a way for individuals to sort themselves by ability. Employers in turn use education to statistically discriminate, paying wages that reflect the average productivity of workers with the same given level of education. In this paper, we provide...
Persistent link: https://www.econbiz.de/10012759371
Improvement in human capital is often presumed important for state economic development, but little research links better education to state incomes. We develop detailed measures of worker skills in each state that incorporate cognitive skills from state- and country-of-origin achievement tests....
Persistent link: https://www.econbiz.de/10013020706
The rise in wage inequality in the U.S. labor market during the 1980s is usually attributed to skill-biased technical change (SBTC), associated with the development of personal computers and related information technologies. We review the evidence in favor of this hypothesis, focusing on the...
Persistent link: https://www.econbiz.de/10013223052
Greater job creation in the US than in Germany has often been related to greater wage dispersion coupled with less regulated labour and product markets in the US. Based on the Comparative German American Structural Database and the International Adult Literacy Survey we find that employment of...
Persistent link: https://www.econbiz.de/10013224929