Human Capital Accumulation and Equilibrium Job Assignment

这是我和卡内基梅隆大学的罗伯特·米勒的合作研究项目。本研究的目的是利用全国青年劳动力市场经验纵向调查的数据来研究职业发展的初始阶段。该项目有三个组成部分：(1)描述离开学校后第一个十年的工作和职业流动模式；(2)构建工作转换行为的结构动态模型；(3)评估职业选择的均衡模型。这个项目很重要，因为它可能会改变我们对收入增长的标准人力资本模型的看法，该模型忽略了求职行为和劳动力流动性。

This is a collaborative research project with Robert Miller at Carnegie Mellon University. The purpose of this research is to study the initial phases of career development using data from the National Longitudinal Surveys of Labor Market Experience of Youth. There are three components to the project: (1) to describe the patterns of job and occupational mobility within the first decade after leaving school; (2) to estimate a structural dynamic model of job changing behavior; and (3) to estimate an equilibrium model of occupational choice. This project is important because it may change the way in which we think about the standard human capital model of earnings growth, which neglects job search behavior and labor mobility.