Add to ORKGWe develop and estimate an equilibrium job search model of worker careers, allowing for human capital accumulation, employer heterogeneity and individual-level shocks. Monthly wage growth is decomposed into the contributions of human capital and job search, within and between jobs. Human capital accumulation is found to be the most important source of wage growth in early phases of workers’ careers, but is soon surpassed by search-induced wage growth. Conventional measures of the returns to tenure hide substantial heterogeneity between different workers in the same firm and between similar workers in different firms
In this essay we explore the implications of human capital and search behavior for both the interper...
The paper proposes a theory of wage and turnover dynamics — built on firm-specific human capital, se...
We construct a structural model of on-the-job search in which workers differ in skills along several...
We develop and estimate an equilibrium job search model of worker careers, allowing for human capita...
We develop and estimate an equilibrium job search model of worker careers, allowing for human capita...
We present an equilibrium job search model of individual worker careers with hu-man capital accumula...
The human capital earnings function is part of the toolbox of labour economists. Returns to labour m...
This paper examines how specific human capital affects labour turnover and real wage cyclicality in ...
We review a tractable model of human capital investments that can accommodate lots of heterogeneity ...
Human capital theory provides the generally accepted interpretation of the relationship between earn...
Ever since Mincer (1974), years of labor market experience were used to approximate individual's gen...
Human capital theory provides the generally accepted interpretation of the relationship between earn...
summary:This article studies an equilibrium search problem when jobs provided by firms can be either...
A key tenet of the theory of human capital is that investment in skills results in higher productivi...
This paper examines career choices using a dynamic structural model that nests a job search model wi...
In this essay we explore the implications of human capital and search behavior for both the interper...
The paper proposes a theory of wage and turnover dynamics — built on firm-specific human capital, se...
We construct a structural model of on-the-job search in which workers differ in skills along several...
We develop and estimate an equilibrium job search model of worker careers, allowing for human capita...
We develop and estimate an equilibrium job search model of worker careers, allowing for human capita...
We present an equilibrium job search model of individual worker careers with hu-man capital accumula...
The human capital earnings function is part of the toolbox of labour economists. Returns to labour m...
This paper examines how specific human capital affects labour turnover and real wage cyclicality in ...
We review a tractable model of human capital investments that can accommodate lots of heterogeneity ...
Human capital theory provides the generally accepted interpretation of the relationship between earn...
Ever since Mincer (1974), years of labor market experience were used to approximate individual's gen...
Human capital theory provides the generally accepted interpretation of the relationship between earn...
summary:This article studies an equilibrium search problem when jobs provided by firms can be either...
A key tenet of the theory of human capital is that investment in skills results in higher productivi...
This paper examines career choices using a dynamic structural model that nests a job search model wi...
In this essay we explore the implications of human capital and search behavior for both the interper...
The paper proposes a theory of wage and turnover dynamics — built on firm-specific human capital, se...
We construct a structural model of on-the-job search in which workers differ in skills along several...