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increase in the variability of transitory earnings. …
Persistent link: https://www.econbiz.de/10010261938
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
job titles, wage rates, and earnings for all employees. We examine initial job assignments, mobility between departments … departments and jobs within the firm as a Markov process. The estimated transition probabilities imply that expected seniority is …
Persistent link: https://www.econbiz.de/10010276291
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
recognised vocational qualification and current union membership. Whilst being non-white, shorter current job tenure, and part …
Persistent link: https://www.econbiz.de/10010261946
the rapid increase in the returns to education experienced by China during the 1990s. Analyzing Chinese urban household …
Persistent link: https://www.econbiz.de/10010269848
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the...
Persistent link: https://www.econbiz.de/10010262722
experienced in labor market earnings through wage dispersion and employment rate dispersion. We find a low degree of relative risk … low degree of risk aversion implies that an increase in earnings dispersion would have little effect on schooling …
Persistent link: https://www.econbiz.de/10010262728