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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP11213 |
DP11213 Learning, Career Paths, and the Distribution of Wages | |
Esteban Rossi-Hansberg; Robert Lucas | |
发表日期 | 2016-04-04 |
出版年 | 2016 |
语种 | 英语 |
摘要 | We develop a theory of career paths and earnings in an economy in which agents organize in production hierarchies. Agents climb these organizational hierarchies as they learn stochastically from other individuals. Earnings grow over time as agents acquire knowledge and occupy positions with larger numbers of subordinates. We contrast these and other implications of the theory with U.S. census data for the period 1990 to 2010. The model matches well the Lorenz curve of earnings as well as the observed mean experience-earnings profiles. We show that the increase in wage inequality over this period can be rationalized with a shift in the distribution of the complexity and profitability of technologies relative to the distribution of knowledge in the population. |
主题 | Macroeconomics and Growth |
URL | https://cepr.org/publications/dp11213 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540030 |
推荐引用方式 GB/T 7714 | Esteban Rossi-Hansberg,Robert Lucas. DP11213 Learning, Career Paths, and the Distribution of Wages. 2016. |
条目包含的文件 | 条目无相关文件。 |
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