There is evidence that experience premium differs across industries. We propose a theoretical model for explaining these differences. We assume that labor mobility brings external knowledge to the firm, which increases its productivity. We find that industry experience premium is decreasing in...

We study the theoretical properties that particular matching functions must satisfy to represent a frictional labor market within a general equilibrium random matching model. We analyze Cobb-Douglas, CES and other functional forms of the matching function. Our findings establish restrictions on...

We analyze an economy with two main features: labor mobility goes together with knowledge transfer and firm productivity increases with the exchange of ideas. Each firm develops some specific knowledge that will be transmitted to the rest of the industry through the mobility of workers. We study...

Growth models of learning-by-doing assume that knowledge learned in produc- tion gets freely and instantly spread to the whole economy. As a result, the econ- omy exhibits aggregate increasing returns and the total factor productivity (TFP) growth is endogenous. However, the assumption of...

Using crosssection data from the REFLEX/HEGESCO surveys, this paper explores the likelihood of educationjob mismatch in Central and Eastern Europe. We classify countries in two groups according to the signaling strength of their educational credentials: the occupational labor market group...

In this paper we investigate the determinants of regret of study program for university graduates in Spain and the Netherlands. These two countries differ in their educational system in terms of their educational tracking in secondary education level and the strength of their education-labor...

We use data from 14 European countries and provide evidence that the fall in prices of information and communication technologies (ICT) is associated with a significant increase in the share of employees who work from home. Similar results hold within age, gender, and occupation groups. There...