Gibbons, Robert; Katz, Lawrence F.; Lemieux, Thomas; … - In: Journal of Labor Economics 23 (2005) 4, pp. 681-724
We develop a model in which a worker's skills determine the worker's current wage and sector. The market and the worker are initially uncertain about some of the worker's skills. Endogenous wage changes and sector mobility occur as labor market participants learn about these unobserved skills....