Labor Market Search, Informality, and On-The-Job Human Capital Accumulation
We develop a search and matching model where firms and workers produce outputthat depends both on match-specific productivity and on worker-specific human capi-tal. The human capital is accumulated while working but depreciates while searchingfor a job. Firms optimally post the formality status wage...
- Autores:
- Tipo de recurso:
- Fecha de publicación:
- 2018
- Institución:
- Universidad del Rosario
- Repositorio:
- Repositorio EdocUR - U. Rosario
- Idioma:
- eng
- OAI Identifier:
- oai:repository.urosario.edu.co:10336/18267
- Acceso en línea:
- https://doi.org/10.48713/10336_18267
http://repository.urosario.edu.co/handle/10336/18267
- Palabra clave:
- Fricciones en el mercado laboral
Búsqueda y correspondencia
Negociación de Nash
Informalidad
Acumulación de capital humano en el trabajo
Economía laboral
Labor market frictions
Search and matching
Nash bargaining
Informality
On-the-Job human capital accumulation
Mercado laboral
Economía informal
Capital humano
Congresos, conferencias, etc.
- Rights
- License
- http://creativecommons.org/licenses/by-nc-sa/2.5/co/
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Labor Market Search, Informality, and On-The-Job Human Capital AccumulationFricciones en el mercado laboralBúsqueda y correspondenciaNegociación de NashInformalidadAcumulación de capital humano en el trabajoEconomía laboralLabor market frictionsSearch and matchingNash bargainingInformalityOn-the-Job human capital accumulationMercado laboralEconomía informalCapital humanoCongresos, conferencias, etc.We develop a search and matching model where firms and workers produce outputthat depends both on match-specific productivity and on worker-specific human capi-tal. The human capital is accumulated while working but depreciates while searchingfor a job. Firms optimally post the formality status wages are determined by bar-gaining. The equilibrium is characterized by an endogenous steady state distributionof human capital and by an endogenous formality rate. We estimate the model onlabor market data from Mexico. We find that human capital accumulation on-the-jobis responsible for about one third of the overall value of production. We also find thathuman capital upgrading is slower while working informally than formally. This mag-nifies the negative impact on productivity of the labor market institutions that giveraise to informality.Universidad del Rosario. Facultad de Economía2018-05-282018-08-08T19:14:55Zinfo:eu-repo/semantics/conferenceObjecthttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_c94fapplication/pdfhttps://doi.org/10.48713/10336_18267http://repository.urosario.edu.co/handle/10336/18267instname:Universidad del Rosarioreponame:Repositorio Institucional EdocURenghttp://creativecommons.org/licenses/by-nc-sa/2.5/co/http://purl.org/coar/access_right/c_abf2Bobba, MatteoFlabbi, LucaLevy, SantiagoTejada, Mauriciooai:repository.urosario.edu.co:10336/182672019-09-19T07:37:54Z |
dc.title.none.fl_str_mv |
Labor Market Search, Informality, and On-The-Job Human Capital Accumulation |
title |
Labor Market Search, Informality, and On-The-Job Human Capital Accumulation |
spellingShingle |
Labor Market Search, Informality, and On-The-Job Human Capital Accumulation Fricciones en el mercado laboral Búsqueda y correspondencia Negociación de Nash Informalidad Acumulación de capital humano en el trabajo Economía laboral Labor market frictions Search and matching Nash bargaining Informality On-the-Job human capital accumulation Mercado laboral Economía informal Capital humano Congresos, conferencias, etc. |
title_short |
Labor Market Search, Informality, and On-The-Job Human Capital Accumulation |
title_full |
Labor Market Search, Informality, and On-The-Job Human Capital Accumulation |
title_fullStr |
Labor Market Search, Informality, and On-The-Job Human Capital Accumulation |
title_full_unstemmed |
Labor Market Search, Informality, and On-The-Job Human Capital Accumulation |
title_sort |
Labor Market Search, Informality, and On-The-Job Human Capital Accumulation |
dc.subject.none.fl_str_mv |
Fricciones en el mercado laboral Búsqueda y correspondencia Negociación de Nash Informalidad Acumulación de capital humano en el trabajo Economía laboral Labor market frictions Search and matching Nash bargaining Informality On-the-Job human capital accumulation Mercado laboral Economía informal Capital humano Congresos, conferencias, etc. |
topic |
Fricciones en el mercado laboral Búsqueda y correspondencia Negociación de Nash Informalidad Acumulación de capital humano en el trabajo Economía laboral Labor market frictions Search and matching Nash bargaining Informality On-the-Job human capital accumulation Mercado laboral Economía informal Capital humano Congresos, conferencias, etc. |
description |
We develop a search and matching model where firms and workers produce outputthat depends both on match-specific productivity and on worker-specific human capi-tal. The human capital is accumulated while working but depreciates while searchingfor a job. Firms optimally post the formality status wages are determined by bar-gaining. The equilibrium is characterized by an endogenous steady state distributionof human capital and by an endogenous formality rate. We estimate the model onlabor market data from Mexico. We find that human capital accumulation on-the-jobis responsible for about one third of the overall value of production. We also find thathuman capital upgrading is slower while working informally than formally. This mag-nifies the negative impact on productivity of the labor market institutions that giveraise to informality. |
publishDate |
2018 |
dc.date.none.fl_str_mv |
2018-05-28 2018-08-08T19:14:55Z |
dc.type.none.fl_str_mv |
info:eu-repo/semantics/conferenceObject |
dc.type.coarversion.fl_str_mv |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
dc.type.coar.fl_str_mv |
http://purl.org/coar/resource_type/c_c94f |
dc.identifier.none.fl_str_mv |
https://doi.org/10.48713/10336_18267 http://repository.urosario.edu.co/handle/10336/18267 |
url |
https://doi.org/10.48713/10336_18267 http://repository.urosario.edu.co/handle/10336/18267 |
dc.language.none.fl_str_mv |
eng |
language |
eng |
dc.rights.none.fl_str_mv |
http://creativecommons.org/licenses/by-nc-sa/2.5/co/ |
dc.rights.coar.fl_str_mv |
http://purl.org/coar/access_right/c_abf2 |
rights_invalid_str_mv |
http://creativecommons.org/licenses/by-nc-sa/2.5/co/ http://purl.org/coar/access_right/c_abf2 |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Universidad del Rosario. Facultad de Economía |
publisher.none.fl_str_mv |
Universidad del Rosario. Facultad de Economía |
dc.source.none.fl_str_mv |
instname:Universidad del Rosario reponame:Repositorio Institucional EdocUR |
instname_str |
Universidad del Rosario |
institution |
Universidad del Rosario |
reponame_str |
Repositorio Institucional EdocUR |
collection |
Repositorio Institucional EdocUR |
repository.name.fl_str_mv |
|
repository.mail.fl_str_mv |
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_version_ |
1803710494568087552 |