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Author: Moscarini, Giuseppe
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Moscarini, Giuseppe Vella, Francis |
Occupational Mobility and Employment Reallocation: Evidence from the NLSY79 Working Paper, Department of Economics, Yale University, September 2003. Also: http://www.econ.yale.edu/~mosca/mobility.pdf Cohort(s): NLSY79 Publisher: Department of Economics, Yale University Keyword(s): Education; Human Capital; Mobility, Job; Work Experience Permission to reprint the abstract has not been received from the publisher. We estimate an empirical model of individual occupational mobility over the period 1984 to 1992 for a sample of youth from the NLSY79. We define occupational mobility at the 3-digit level, a finer disaggregation than typically employed, as we believe this more directly corresponds to a career. We focus on isolating the impact of two measures of human capital, formal education and work experience, on the occupational mobility of young workers who have only fairly recently entered the labor market. We employ a semi-parametric double index based estimator for discrete choice models, which allows a flexible relationship between the human capital variables and occupational mobility. We find statistically, and economically, strong negative effects from both formal education and work experience on occupational mobility. Most strikingly, we find that both effects appear to be of a similar magnitude, illustrating the occupation-specific nature of post high school education. |
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Bibliography Citation
Moscarini, Giuseppe and Francis Vella. "Occupational Mobility and Employment Reallocation: Evidence from the NLSY79." Working Paper, Department of Economics, Yale University, September 2003. |