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Lazear, Edward P. - 1975

In this paper, a few theoretical issues will be raised regarding the relationship between the distribution of human capital and that of human wealth. Special attention will be paid to the empirical implications of the analysis

Persistent link: https://www.econbiz.de/10012479029

Firm-Specific Human Capital : A Skill-Weights Approach

Lazear, Edward P. - 2003

One problem with the theory of firm-specific human capital is that it is difficult to generate convincing examples of investment that could generate the sometimes observed large and continuing effects on earnings. Another approach, called the skill-weights' view, allows all skills to be general...

Persistent link: https://www.econbiz.de/10012469019

Intra-Household Insurance and the Intergenerational Transmission of Income Risk

Agostinelli, Francesco; Ferraro, Domenico; Qiu, Xincheng; … - National Bureau of Economic Research - 2024

This paper studies the mechanisms and the extent to which parental wage risk passes through to children's skill development. Through a quantitative dynamic labor supply model in which two parents choose whether to work short or long hours or not work at all, time spent with children, and...

Persistent link: https://www.econbiz.de/10014468296

"Golden Ages" : A Tale of the Labor Markets in China and the United States

Fang, Hanming; Qiu, Xincheng - National Bureau of Economic Research - 2021

We study the labor markets in China and the United States, the two largest economies in the world, by examining the … U.S., but decreased sharply from 55 to around 35 in China; second, the age-specific earnings grew drastically in China … similar in the U.S., but differed substantially in China. We propose and empirically implement a decomposition framework to …

Persistent link: https://www.econbiz.de/10012696432