Fiche du document
- ISIDORE Id: 10670/1.28699c...
- hal: hal-01301431
- doi: 10.1257/aer.104.6.1551
- SCIENCESPO: 2441/7rep5mp5ij95l94ec64n5tdclp
Ce document est lié à :
info:eu-repo/semantics/altIdentifier/doi/10.1257/aer.104.6.1551
Ce document est lié à :
info:eu-repo/semantics/altIdentifier/hdl/2441/7rep5mp5ij95l94ec64n5tdclp
Ce document est lié à :
info:eu-repo/grantAgreement/EC/FP7/269693/EU/Wage Dynamics, Sorting Patterns in Labour Markets and Policy Evaluation/WASP
http://creativecommons.org/licenses/by-nc/ , info:eu-repo/semantics/OpenAccess
Mots-clés
job search worker careers human capital Human capital accumulation Wage growth Labor market competition J - Labor and Demographic Economics/J.J2 - Demand and Supply of Labor/J.J2.J24 - Human Capital • Skills • Occupational Choice • Labor Productivity J - Labor and Demographic Economics/J.J3 - Wages, Compensation, and Labor Costs/J.J3.J31 - Wage Level and Structure • Wage Differentials J - Labor and Demographic Economics/J.J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers/J.J6.J63 - Turnover • Vacancies • Layoffs J - Labor and Demographic Economics/J.J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers/J.J6.J64 - Unemployment: Models, Duration, Incidence, and Job SearchSujets proches
Human assets Human beings--Economic value Human resourcesCiter ce document
Jesper Bagger et al., « Tenure, Experience, Human Capital, and Wages: A Tractable Equilibrium Search Model of Wage Dynamics », Archive ouverte de Sciences Po (SPIRE), ID : 10.1257/aer.104.6.1551
Métriques
Partage / Export
Résumé
We develop and estimate an equilibrium job search model of worker careers, allowing for human capital accumulation, employer heterogeneity and individual-level shocks. Wage growth is decomposed into contributions of human capital and job search, within and between jobs. Human capital accumulation is largest for highly educated workers. The contribution from job search to wage growth, both within- and between-job, declines over the first ten years of a career – the ‘job-shopping’ phase of a working life – after which workers settle into high-quality jobs using outside offers to generate gradual wage increases, thus reaping the benefits from competition between employers.
