HUMAN CAPITAL ACCUMULATION AND LABOR MARKET EQUILIBRIUM

被引:34
作者
Burdett, Kenneth [1 ]
Carrillo-Tudela, Carlos
Coles, Melvyn G.
机构
[1] Univ Penn, Dept Econ, Philadelphia, PA 19104 USA
关键词
JOB SEARCH MODEL; WAGES RISE; SENIORITY; MOBILITY; UNEMPLOYMENT; WORKERS; FIRMS;
D O I
10.1111/j.1468-2354.2011.00644.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
We analyze an equilibrium labor market with on-the-job search and experience effects (as workers learn by doing). The analysis yields a Mincer wage equation with worker fixed effects and endogenously determined firm fixed effects. Equilibrium sorting-where over time more experienced workers also tend to move to better paid employment-has a significant impact on wage inequality.
引用
收藏
页码:657 / 677
页数:21
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