کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
986695 | 1480822 | 2011 | 15 صفحه PDF | دانلود رایگان |

I consider two different skill accumulation technologies, learning by doing and Ben-Porath type training. The effect of human capital accumulation in the form of learning by doing is to increase the labor supply elasticity estimate by a factor of 2.1 relative to the estimate that ignores human capital accumulation. The results are similar for the Ben-Porath type training technology, although the estimate of the bias is somewhat higher.
► Assess bias on labor supply elasticities from omission of human capital accumulation.
► Two skill accumulation technologies: learning by doing and Ben-Porath type training.
► Learning by doing increases labor supply elasticity by factor of 2.1.
► Ben-Porath type training increases estimates slightly more.
Journal: Review of Economic Dynamics - Volume 14, Issue 4, October 2011, Pages 577–591