Search Results
Author: Han, Jongsuk
Resulting in 1 citation.
| 1. |
Han, Jongsuk |
|
Labor Market Dynamics and Individual Learning Ability Ph.D. Dissertation, University of Rochester, 2014 Cohort(s): NLSY79 Publisher: ProQuest Dissertations & Theses (PQDT) Keyword(s): Armed Forces Qualifications Test (AFQT); Cognitive Ability; Human Capital; Labor Force Participation; Unemployment; Wage Growth; Wage Levels Permission to reprint the abstract has not been received from the publisher. My research focuses on how labor market dynamics are different across ability. In this dissertation, I explore the impact of individual ability on the cyclicality of employment rates over the business cycle and non-employment duration. Then I provide a human capital model with learning-by-doing and heterogeneous learning ability to explain the differences in observed labor market dynamics across ability. In chapter one, I discuss the Armed Forces Qualification Test as a measure of ability. Then, I provide some empirical evidence which shows that high ability workers are more attached to the labor market than low ability workers. Data from the National Longitudinal Survey of Youth 1979 shows that high ability workers have higher employment rates, less pro-cyclical employment rates, and shorter non-employment duration than low ability workers. At the same time, workers with high ability have higher wage levels and wage growth rates than low ability workers. I suggest that a human capital model with learning-by-doing and heterogeneous learning ability can explain high labor supply from high ability workers, because current labor supply increases future human capital which delivers higher labor income in the future. |
|
|
Bibliography Citation
Han, Jongsuk. Labor Market Dynamics and Individual Learning Ability. Ph.D. Dissertation, University of Rochester, 2014. |