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- Maximiliano Dvorkin & Alexander Monge-Naranjo (2019): Occupation Mobility, Human Capital and the Aggregate Consequences of Task-Biased Innovations
We construct a dynamic general equilibrium model with occupation mobility, human capital accumulation and endogenous assignment of workers to tasks to quantitatively assess the aggregate impact of automation and other task-biased technological innovations. We extend recent quantitative general equilibrium Roy models to a setting with dynamic occupational choices and human capital accumulation. ... We craft our dynamic Roy model in a production setting where multiple tasks within occupations are assigned to workers or machines. We solve for the balanced-growth path and characterize the aggregate transitional dynamics ensuing task-biased technological innovations.
RePEc:hka:wpaper:2019-064 Save to MyIDEAS - Maximiliano Dvorkin & Alexander Monge-Naranjo (2019): Occupation Mobility, Human Capital and the Aggregate Consequences of Task-Biased Innovations
We construct a dynamic general equilibrium model with occupation mobility, human capital accumulation and endogenous assignment of workers to tasks to quantitatively assess the aggregate impact of automation and other task-biased technological innovations. We extend recent quantitative general equilibrium Roy models to a setting with dynamic occupational choices and human capital accumulation. ... We craft our dynamic Roy model in a production setting where multiple tasks within occupations are assigned to workers or machines. We solve for the balanced-growth path and characterize the aggregate transitional dynamics ensuing task-biased technological innovations.
RePEc:fip:fedlwp:2019-013 Save to MyIDEAS - Gendron-Carrier, Nicolas (2023): Prior Work Experience and Entrepreneurship: The Careers of Young Entrepreneurs
To explain these findings, I develop a dynamic Roy model of career choice that features heterogeneous employers, human capital accumulation, and unobserved heterogeneity across individuals. ... I use the estimated model to evaluate policies designed to promote entrepreneurship.
RePEc:iza:izadps:dp16145 Save to MyIDEAS - Maximiliano Dvorkin (2023): Heterogeneous Agents Dynamic Spatial General Equilibrium
I develop a dynamic model of migration and labor market choice with incomplete markets and uninsurable income risk to quantify the effects of international trade on workers’ employment reallocation, earnings, and wealth. ... Despite the rich heterogeneity, the model is highly tractable as the optimal consumption, labor supply, capital accumulation, and migration and reallocation decisions of individual workers across different markets have closed-form expressions and can be aggregated.
RePEc:fip:fedlwp:95863 Save to MyIDEAS - Lkhagvasuren, Damba (2014): Education, mobility and the college wage premium
Motivated by large educational differences in geographic mobility, this paper considers a simple dynamic extension of Roy׳s (1951) model and analyzes it using new evidence on net versus excess mobility and the individual-level relationship between mobility and wages. According to the model, the dispersion of a labor income shock specific to a worker-location match is greater for more educated workers and accounts for large educational differences in mobility. In the model, labor mobility raises both the average wage and the college wage premium, a prediction consistent with differences between Europe and the U.S.
RePEc:eee:eecrev:v:67:y:2014:i:c:p:159-173 Save to MyIDEAS - Damba Lkhagvasuren (2006): Education, Mobility and the College Wage Premium
Motivated by large educational differences in geographic mobility, this paper considers a simple dynamic extension of Roy's (1951) model and analyzes it using new evidence on net versus excess mobility and the individual-level relationship between mobility and wages. According to the model, the dispersion of a labor income shock specific to a worker-location match is greater for more educated workers and accounts for large educational differences in mobility. In the model, labor mobility raises both the average wage and the college wage premium, a prediction consistent with differences between Europe and the U.S.
RePEc:crd:wpaper:14001 Save to MyIDEAS - Andrés Hincapié (2020): Entrepreneurship Over The Life Cycle: Where Are The Young Entrepreneurs?
To explain these stylized facts, I estimate a dynamic Roy model with experience accumulation, risk aversion, and imperfect information about ability using the Panel Study of Income Dynamics.
RePEc:wly:iecrev:v:61:y:2020:i:2:p:617-681 Save to MyIDEAS - Chuan, Amanda & Zhang, Weilong (2023): Non-college Occupations, Workplace Routinization, and the Gender Gap in College Enrollment
Embedding this instrumental variation into a dynamic Roy model, we find that routinization decreased returns to the non-college occupations of women, increasing their college premium. ... Our model estimates that workplace routinization accounted for 44% of the growth in female enrollment during 1980-2000.
RePEc:iza:izadps:dp16089 Save to MyIDEAS - Maximiliano Dvorkin & Alexander Monge-Nara (2019): On the Dynamics of Occupational Choice, Human Capital Accumulation and Growth
We develop a tractable dynamic Roy model in which workers in every period choose occupations to maximize their lifetime utility.
RePEc:red:sed019:1461 Save to MyIDEAS - Andres Hincapie (2019): Entrepreneurship over the Life Cycle: Where are the Young Entrepreneurs?
Using the Panel Study of Income Dynamics, I estimate a dynamic Roy model with accumulation of experience, risk aversion, and imperfect information about ability.
RePEc:red:sed019:735 Save to MyIDEAS