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Comparative Advantage, Learning, and Sectoral Wage Determination

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NBER2002-04-01 更新2025-01-04 收录
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We develop a model in which a worker's skills determine the worker's current wage and sector. Both the market and the worker are initially uncertain about some of the worker's skills. Endogenous wage changes and sector mobility occur as labor-market participants learn about these unobserved skills.

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2002-04-01
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