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Author: Manovskii, Iourii
Resulting in 2 citations.
1. Hagedorn, Marcus
Manovskii, Iourii
Job Selection and Wages over the Business Cycle
American Economic Review 103,2 (April 2013): 771-803.
Also: https://www.aeaweb.org/articles?id=10.1257/aer.103.2.771
Cohort(s): NLSY79
Publisher: American Economic Association
Keyword(s): Economic Changes/Recession; Job Tenure; Unemployment; Wages

Permission to reprint the abstract has not been received from the publisher.

We consider a model with on-the-job search where current wages depend only on current aggregate labor market conditions and idiosyncratic match-specific productivities. We show theoretically that the model replicates the findings in Bils (1985) and Beaudry and DiNardo (1991) on the history dependence in wages. We develop a method to measure match qualities in the data and show empirically that various variables summarizing past aggregate labor market conditions have explanatory power for current wages only because they are correlated with match qualities. They lose any predictive power once match qualities are accounted for.
Bibliography Citation
Hagedorn, Marcus and Iourii Manovskii. "Job Selection and Wages over the Business Cycle." American Economic Review 103,2 (April 2013): 771-803.
2. Kambourov, Gueorgui
Manovskii, Iourii
Plesca, Miana
Occupational Mobility and the Returns to Training
Canadian Journal of Economics 53,1 (February 2020): 174-211.
Also: https://onlinelibrary.wiley.com/doi/10.1111/caje.12421
Cohort(s): NLSY79
Publisher: Canadian Economics Association / Association canadienne d\'economiques
Keyword(s): Mobility, Occupational; Occupations; Training; Training, Employee; Wages

Permission to reprint the abstract has not been received from the publisher.

The literature on the returns to training has pointed out that, immediately following a training episode, wages of participants in employer‐sponsored training increase substantially while wages of participants in government‐sponsored training hardly change. We argue that there is a potential selection issue--most of the government‐sponsored trainees are occupation switchers while most participants in employer‐sponsored training are occupation stayers. An occupational switch involves a substantial destruction of human capital, and once we account for the associated decline in wages, we find a large positive impact of both employer‐ and government‐sponsored training on workers' human capital.
Bibliography Citation
Kambourov, Gueorgui, Iourii Manovskii and Miana Plesca. "Occupational Mobility and the Returns to Training." Canadian Journal of Economics 53,1 (February 2020): 174-211.