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UID:1e972e57fee3731df1cece3662cd13a1
CATEGORIES:Seminars
CREATED:20240417T053442
SUMMARY:Lunch Seminar: Cristina Gualdani - Queen Mary University of London
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:\n\nOn the Identification of Models of Uncertainty, Learning, and Human Cap
 ital Acquisition with Sorting\n\n\nAbstract:\nWe consider the identificatio
 n of matching models of the labor market in which firms and workers are ex 
 ante heterogeneous in the presence of symmetric uncertainty and learning ab
 out worker ability and stochastic human capital acquisition by workers. We 
 allow initial ability and acquired human capital to be general across firms
  to varying degrees. We establish conditions under which the primitives of 
 these models are identified based on data on workers' jobs and wages. We th
 en investigate the ability of existing measures of assortativeness of match
 ing to detect the degree of sorting implied by the class of &nbsp;models we
  consider. We propose a new measure of matching assortativeness that accoun
 ts for the evolving &nbsp;uncertainty about workers' ability and &nbsp;work
 ers' accumulating human capital. Based on this measure, we assess the exten
 t to which changes in the patterns of labor market sorting, resulting from 
 changes in the distribution of workers' ability, uncertainty about &nbsp;wo
 rkers' ability, and the returns to human capital acquisition, have accounte
 d for the increase in wage inequality documented the United States over the
  past 30 years or so.\n
DTSTAMP:20260617T090617Z
DTSTART:20240515T130000Z
DTEND:20240515T140000Z
SEQUENCE:0
TRANSP:OPAQUE
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