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Identifier to cite or link to this item: https://hdl.handle.net/10086/16869

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Title
Career Progression and Comparative Advantage
Creator
Creator Name
Yamaguchi, Shintaro Yamaguchi, Shintaro
山口, 慎太郎 山口, 慎太郎
Affiliation
Affiliation Name
McMaster University
Editor
Contributor Name
社会科学の高度統計・実証分析拠点構築 = Research Unit for Statistical and Empirical Analysis in Social Sciences
Key Word
occupational choice
occupational sorting
human capital
skills
structural estimation
Abstract
This paper constructs and structurally estimates a dynamic model of occupational choice where all occupations are characterized in a continuous multidimensional space of skill requirement using the data from the Dictionary of Occupational Titles and the NLSY79. This skill space approach allows the model to include hundreds of occupations at the three-digit census classification level without a large number of parameters. Thereby it provides more detailed analysis of occupations than previous papers. Parameter estimates indicate that skill demanding occupations offer higher returns to education and experience, which results in occupational sorting. They also suggest that the estimated skill prices by the OLS are severely biased due to this sorting.
Description
Last Revision: July 2008
Publisher
Institute of Economic Research, Hitotsubashi University
Issued Date
2009-01
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
Global COE Hi-Stat Discussion Paper Series ; No. 25
Relation
Related Identifier
URI
  http://gcoe.ier.hit-u.ac.jp/english/index.html
Number of Pages
35
Sponsorship
グローバルCOEプログラム = Global COE Program
Appears in Collections
Global COE Hi-Stat Discussion Paper Series
URL
https://hdl.handle.net/10086/16869