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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29698 |
来源ID | Working Paper 29698 |
Labor Market Fluidity and Human Capital Accumulation | |
Niklas Engbom | |
发表日期 | 2022-01-31 |
出版年 | 2022 |
语种 | 英语 |
摘要 | Using panel data from 23 OECD countries, I document that wages grow more over the life-cycle in countries where job-to-job mobility is more common. A life-cycle theory of job shopping and accumulation of skills on the job highlights that a more fluid labor market allows workers to faster relocate to jobs where they can better use their skills, incentivizing accumulation of skills. Lower labor market fluidity reduces life-cycle wage growth by 20 percent and aggregate labor productivity by nine percent across the OECD relative to the US. I derive a set of testable predictions for training and confront them with comparable cross-country training data, finding support for the theory. |
主题 | Macroeconomics ; Consumption and Investment ; Labor Economics ; Labor Supply and Demand |
URL | https://www.nber.org/papers/w29698 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587372 |
推荐引用方式 GB/T 7714 | Niklas Engbom. Labor Market Fluidity and Human Capital Accumulation. 2022. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w29698.pdf(3161KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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