Job matching within and across firms

Elena Pastorino

Research output: Contribution to journalArticle

1 Scopus citations

Abstract

This article proposes a matching model of the labor market in the presence of uncertainty and learning about ability that provides a simple unified framework for analyzing the dynamics of jobs and wages within firms and in the labor market. The model allows for different degrees of generality of ability as well as speeds of learning across jobs and firms. Equilibrium assignments and wages are consistent with a broad range of empirical findings on careers, suggest a novel interpretation for well-documented patterns, and help explain features of careers usually thought difficult to reconcile with the presence of uncertainty and learning.

Original languageEnglish (US)
Pages (from-to)647-671
Number of pages25
JournalInternational Economic Review
Volume56
Issue number2
DOIs
StatePublished - May 1 2015

Keywords

  • Careers in firms
  • J24
  • J31
  • J62
  • J63
  • Job Assignment
  • Learning
  • Matching
  • Turnover
  • Uncertainty

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