Multidimensional Skills, Sorting, and Human Capital Accumulation

被引：54

作者：

Lise, Jeremy ^{[1
,2
]}

Postel-Vinay, Fabien ^{[3
,4
]}

机构：

[1] Univ Minnesota, Dept Econ, Minneapolis, MN 55455 USA

[2] Fed Reserve Bank Minneapolis, Minneapolis, MN 55480 USA

[3] UCL, Dept Econ, London, England

[4] Inst Fiscal Studies, London, England

来源：

AMERICAN ECONOMIC REVIEW | 2020年 / 110卷 / 08期

关键词：

LIFE-CYCLE; WAGE; MOBILITY; GROWTH; WORKER; HETEROGENEITY; SPECIFICITY; SEARCH; MODEL;

D O I：

10.1257/aer.20162002

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We construct a structural model of on-the-job search in which workers differ in skills along several dimensions and sort themselves into jobs with heterogeneous skill requirements along those same dimensions. Skills are accumulated when used, and depreciate when not used. We estimate the model combining data from O*NET with the NLSY79. We use the model to shed light on the origins and costs of mismatch along heterogeneous skill dimensions. We highlight the deficiencies of relying on a unidimensional model of skill when decomposing the sources of variation in the value of lifetime output between initial conditions and career shocks.

引用

页码：2328 / 2376

页数：49