HETEROGENEITY, AGGREGATION, AND MARKET WAGE FUNCTIONS - AN EMPIRICAL-MODEL OF SELF-SELECTION IN THE LABOR-MARKET

HETEROGENEITY, AGGREGATION, AND MARKET WAGE FUNCTIONS - AN EMPIRICAL-MODEL OF SELF-SELECTION IN THE LABOR-MARKET
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DOI:
10.1086/261352
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发表时间:
1985-01-01
影响因子:
8.2
通讯作者:
SEDLACEK, G
SEDLACEK, G
中科院分区:
经济学1区
文献类型:
--
作者:
HECKMAN, JJ;SEDLACEK, G

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本文提出了一个劳动力市场自我选择的实证均衡模型,该模型承认存在可测量和不可测量的异质性技能。我们推导了不同人口类型的工人的部门分配模型,并提出了一种新的计量经济学方法,将微观和宏观数据结合起来,以估计未测量的部门特定生产属性的供给和需求函数。我们的模型通过将市场总需求和总供给的决定因素引入一个明确的、经济上可解释的估计方程,扩展了以前关于工资方程的实证工作。这些扩展需要产生一个适合美国劳动力市场工资分配的模型。
This paper presents an empirical equilibrium model of self-selection in the labor market that recognizes the existence of measured and unmeasured heterogeneous skills. We derive a model of the sectoral allocation of workers of different demographic types and present a new econometric procedure for combining micro and macro data to estimate supply and demand functions for unmeasured sectorspecific productive attributes. Our model extends previous empirical work on wage equations by introducing determinants of aggregate market demand and supply into an explicit, economically interpretable estimating equation. These extensions are required to produce a model that fits the distribution of wages for the US labor market.