with general (i.e. marketable) skills is higher. The principal's information costs are lower when workers have general … skills than in the case where workers possess only firm-specific human capital because of countervailing incentives. The … optimal contract for workers with general skills differs from the standard screening contract in that it involves pooling …

We investigate whether the costs of job displacement differ between blue collar and white collar workers. In the short … run earnings and employment losses are substantial for both groups but stronger for white collar workers. In the long run …, there are only weak effects for blue collar workers but strong and persistent effects for white collars. This is consistent …

Wage dispersion among observationally similar workers is still only partially unexplained by economists from both a … producing output, we empirically test whether part of the observed variation in wages across similar individuals is related to … different occupations is related both to within-occupation wage dispersion and to cross-occupation wage levels: workers in high …