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Title: Career Progression and Comparative Advantage
Resulting in 1 citation.
1. Yamaguchi, Shintaro
Career Progression and Comparative Advantage
Working Paper, Department of Economics, McMaster University, 2008.
Cohort(s): NLSY79
Publisher: Department of Economics, McMaster University
Keyword(s): Career Patterns; Modeling; Occupational Choice

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

This paper constructs and structurally estimates a dynamic occupational choice model that has two distinct features. First, an occupation is vertically and horizontally differentiated by a multidimensional task complexity measure. This allows a simultaneous analysis of career progression and comparative advantage. Second, the model includes hundreds of occupations by characterizing all jobs by a multidimensional task complexity vector, thereby avoiding the curse of dimensionality. Estimation results from the Dictionary of Occupational Titles (DOT) and the National Longitudinal Survey of Youth 1979 (NLSY) indicate that wages increase according to task complexity and that individuals climb up the career ladder along the dimension of tasks in which they have a comparative advantage.
Bibliography Citation
Yamaguchi, Shintaro. "Career Progression and Comparative Advantage." Working Paper, Department of Economics, McMaster University, 2008..