Essays on Dynamic Contracts and Labor Markets

Essays on Dynamic Contracts and Labor Markets
Author :
Publisher :
Total Pages : 77
Release :
ISBN-10 : 1109844581
ISBN-13 : 9781109844580
Rating : 4/5 (81 Downloads)

Book Synopsis Essays on Dynamic Contracts and Labor Markets by : Atsushi Nishimura

Download or read book Essays on Dynamic Contracts and Labor Markets written by Atsushi Nishimura and published by . This book was released on 2006 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the second chapter, we extend the Ben-Porath (1967) model to include partially transferable human capital and analyze the effects of the changes in transferability of human capital on wages and mobility. Specifically, we show that an increase in transferability of human capital is qualitatively consistent with recent trends in the U.S. labor market such as the increases in wage inequality and occupational mobility.


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