Multidimensional Skills, Sorting, and Human Capital Accumulation

S-Tier
Journal: American Economic Review
Year: 2020
Volume: 110
Issue: 8
Pages: 2328-76

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

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.

Technical Details

RePEc Handle
repec:aea:aecrev:v:110:y:2020:i:8:p:2328-76
Journal Field
General
Author Count
2
Added to Database
2026-01-25