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Human Capital Investments and Labor Mobility

Göran Eriksson

Journal of Labor Economics 1991

This article integrates human capital theory with a theory of information accumulation and labor mobility. A model is constructed for the determination of human capital accumulation, job matching, and mobility that accounts for heterogeneity on both sides of the labor market. The model provides explanations for observable relationships between earnings, mobility, age, and job tenure. It also provides comparative static results of how the labor market equilibrium is affected by changes in the economic environment.

DOI
10.1086/298267
Volume
9 (3)
Pages
236-254
Language
en
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