whether human capital externalities arise from higher job matching efficiency in skilled regions. Using two samples of highly … raises wages on the incidence of job change by up to three percent, pointing to the importance of improved job matching … opportunities in human capital rich regions as a microeconomic source of human capital externalities. Evidence on regional …

This paper constructs and estimates a career decision model where individuals search for both career matching and … employer matching to understand wage growth and career mobility using the NLSY79. It departs from previous papers in that …

This paper analyzes human capital externalities from high-skilled workers by applying functional regression to precise … panel data allow us to address the sorting of workers and to disentangle human capital externalities from supply effects by … using an extensive set of time-varying fixed effects. Our estimates reveal that human capital externalities attenuate with …

Career mobility theory suggests that given a certain occupation, schooling improves upward mobility in terms of … promotion and wage growth. We are the first to test the implications of this theory for over- and under-education by means of …. Altogether, these findings strongly support the career mobility theory. Furthermore, by differentiating between internal and …

. This process is then assumed to follow a matching of equals among equals. Using rich data from Germany and Denmark we fully … confirm a matching on qualification levels for high-skilled employees, partially for medium-skilled employees but not for low …

We propose a two-period matching model of firms and managers to argue that managerial career concerns may not guarantee … assortative matching in the market for reputation. In the model, firms compete for managerial talent, and managers are concerned …