This paper builds on the recent literature on the importance of occupational and industry experience on wages and extends Kambourov and Manovskii's (2002) study using British data. Occupational experience is estimated to make a significant contribution to wage growth, while the evidence on...

I show that corporate directors' human capital facilitates international investments. Directors' prior cross-border investment experience causally increases current firms' propensities to internationalize business operations through cross-border acquisitions of foreign companies....

Work experience is a key variable in earnings function estimates and wage gap decompositions. Because data on actual work experience are rare, studies commonly use proxies, such as potential experience. But potential experience is identical for all individuals of the same age and level of...

Human capital acquired while working in other industries before joining fund management provides fund managers with an information advantage. Fund managers exploit this advantage by overweighting their experience industries, picking outperforming stocks from these industries, and timing...

We develop a general equilibrium overlapping generations model which is based on the view that education makes workers more productive by increasing their ability to learn from work experience, rather than providing skills that directly increase productivity. One important implication of the...

Human capital acquired while working in other industries before joining fund management provides fund managers with an information advantage. Fund managers exploit this advantage by overweighting their experience industries and by picking outperforming stocks from these industries. These...

This article sheds new light on the portability of human capital. We estimate the returns to source country experiences, viz., general, occupation-specific, and task-specific experiences, using data from the New Immigrant Survey (NIS), conducted in 2003. While the "returns to general experience"...