|
EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/35831
|
| | |
Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Burdett, Ken | | en_US |
| dc.contributor.author | | Carrillo-Tudela, Carlos | | en_US |
| dc.contributor.author | | Coles, Melvyn G. | | en_US |
| dc.date.accessioned | | 2009-07-28 | | en_US |
| dc.date.accessioned | | 2010-07-07T11:58:57Z | | - |
| dc.date.available | | 2010-07-07T11:58:57Z | | - |
| dc.date.issued | | 2009 | | en_US |
| dc.identifier.pi | | urn:nbn:de:101:1-20090619109 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/35831 | | - |
| dc.description.abstract | | We analyse an equilibrium labour market with on-the-job search and experience effects (where workers learn-by-doing). The analysis yields a standard Mincer wage equation with worker fixed effects and endogenously determined firm fixed effects. It shows that learning-by-doing increases equilibrium wage dispersion consistent with the data. Equilibrium sorting - where over time more experienced workers also tend to find and quit to better paid employment - has a significant impact on wage inequality. As the model yields a cross section distribution of wages paid with the 'right' structure (the density of wages paid is single peaked with a 'fat' Pareto right tail) and yields the 'right' time profile of worker wage outcomes (the initial 10 years of a worker's career are characterised by several job changes and rapid wage growth) it yields a new, coherent statistical structure for future applied work. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | IZA Bonn | | en_US |
| dc.relation.ispartofseries | | IZA discussion papers 4215 | | en_US |
| dc.subject.jel | | J24 | | en_US |
| dc.subject.jel | | J42 | | en_US |
| dc.subject.jel | | J64 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Search | | en_US |
| dc.subject.keyword | | wage dispersion | | en_US |
| dc.subject.keyword | | human capital accumulation | | en_US |
| dc.subject.stw | | Arbeitsmarkttheorie | | en_US |
| dc.subject.stw | | Arbeitsuche | | en_US |
| dc.subject.stw | | Bildungsinvestition | | en_US |
| dc.subject.stw | | Berufsbegleitende Ausbildung | | en_US |
| dc.subject.stw | | Berufserfahrung | | en_US |
| dc.subject.stw | | Lohnstruktur | | en_US |
| dc.subject.stw | | Gleichgewicht | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.title | | Human capital accumulation and labour market equilibrium | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 605473374 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|