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Labor Market Search, Informality, and On-The-Job Human Capital Accumulation

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dc.contributor.eventThe Economics of Informality Conference 2018
dc.creatorBobba, Matteo
dc.creatorFlabbi, Luca
dc.creatorLevy, Santiago
dc.creatorTejada, Mauricio
dc.date.accessioned2018-08-08T19:14:55Z
dc.date.available2018-08-08T19:14:55Z
dc.date.created2018-05-28
dc.date.issued2018
dc.description.abstractWe develop a search and matching model where firms and workers produce outputthat depends both on match-specific productivity and on worker-specific human capi-tal. The human capital is accumulated while working but depreciates while searchingfor a job. Firms optimally post the formality status wages are determined by bar-gaining. The equilibrium is characterized by an endogenous steady state distributionof human capital and by an endogenous formality rate. We estimate the model onlabor market data from Mexico. We find that human capital accumulation on-the-jobis responsible for about one third of the overall value of production. We also find thathuman capital upgrading is slower while working informally than formally. This mag-nifies the negative impact on productivity of the labor market institutions that giveraise to informality.eng
dc.format.mimetypeapplication/pdf
dc.identifier.doihttps://doi.org/10.48713/10336_18267
dc.identifier.urihttp://repository.urosario.edu.co/handle/10336/18267
dc.language.isoeng
dc.publisher.otherUniversidad del Rosario. Facultad de Economíaspa
dc.rightsAtribución-NoComercial-CompartirIgual 2.5 Colombiaspa
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto Completo)spa
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/2.5/co/
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.reponamereponame:Repositorio Institucional EdocURspa
dc.subjectFricciones en el mercado laboralspa
dc.subjectBúsqueda y correspondenciaspa
dc.subjectNegociación de Nashspa
dc.subjectInformalidadspa
dc.subjectAcumulación de capital humano en el trabajospa
dc.subject.ddcEconomía laboralspa
dc.subject.keywordLabor market frictionsspa
dc.subject.keywordSearch and matchingspa
dc.subject.keywordNash bargainingspa
dc.subject.keywordInformalityspa
dc.subject.keywordOn-the-Job human capital accumulationspa
dc.subject.lembMercado laboralspa
dc.subject.lembEconomía informalspa
dc.subject.lembCapital humanospa
dc.subject.lembCongresos, conferencias, etc.spa
dc.titleLabor Market Search, Informality, and On-The-Job Human Capital Accumulationspa
dc.typeconferenceObjecteng
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersion
dc.type.spaDocumento de conferenciaspa
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The Economics of Informality Conference 2018