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dc.creatorBobba, Matteo 
dc.creatorFlabbi, Luca 
dc.creatorLevy, Santiago 
dc.creatorTejada, Mauricio 
dc.descriptionWe 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.
dc.rightsAtribución-NoComercial-CompartirIgual 2.5 Colombia
dc.sourceinstname:Universidad del Rosario
dc.sourcereponame:Repositorio Institucional EdocUR
dc.subjectFricciones en el mercado laboral
dc.subjectBúsqueda y correspondencia
dc.subjectNegociación de Nash
dc.subjectAcumulación de capital humano en el trabajo
dc.subject.ddcEconomía laboral 
dc.subject.lembMercado laboral
dc.subject.lembEconomía informal
dc.subject.lembCapital humano
dc.subject.lembCongresos, conferencias, etc.
dc.titleLabor Market Search, Informality, and On-The-Job Human Capital Accumulation
dc.subject.keywordLabor market frictions
dc.subject.keywordSearch and matching
dc.subject.keywordNash bargaining
dc.subject.keywordOn-the-Job human capital accumulation
dc.publisher.otherUniversidad del Rosario. Facultad de Economía
dc.type.spaDocumento de conferencia
dc.rights.accesoAbierto (Texto Completo)
dc.contributor.eventThe Economics of Informality Conference 2018

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Atribución-NoComercial-CompartirIgual 2.5 Colombia
Except where otherwise noted, this item's license is described as Atribución-NoComercial-CompartirIgual 2.5 Colombia