Human capital accumulation and the intertemporal elasticity of substitution of labor: How large is the bias?

Johanna Wallenius

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Human capital accumulation and the intertemporal elasticity of substitution of labor: How large is the bias?

机译：人力资本积累和劳动力替代的跨期弹性：偏差有多大？

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I consider two different skill accumulation technologies, learning by doing and Ben-Porath type training. The effect of human capital accumulation in the form of learning by doing is to increase the labor supply elasticity estimate by a factor of 2.1relative to the estimate that ignores human capital accumulation. The results are similar for the Ben-Porath type training technology, although the estimate of the bias is somewhat higher.

机译：我考虑了两种不同的技能积累技术：边做边学和Ben-Porath型训练。通过边做边学的形式进行的人力资本积累的效果是，相对于忽略人力资本积累的估计，劳动力供给弹性估计值增加了2.1倍。对于Ben-Porath型训练技术，结果是相似的，尽管对偏差的估计要高一些。

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《Review of Economic Dynamics》 |2011年第4期|共15页
作者
Johanna Wallenius;
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原文格式 PDF
正文语种 eng
中图分类经济;
关键词
Intertemporal elasticity of substitution; Human capital; Life cycle; Labor supply;

机译：跨期替代弹性人力资本生命周期劳动力供给;

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1. Human capital accumulation and the intertemporal elasticity of substitution of labor: How large is the bias? [J] . Johanna Wallenius Review of Economic Dynamics . 2011,第4期

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2. INTERTEMPORAL LABOR SUPPLY AND HUMAN CAPITAL ACCUMULATION [J] . SUSUMU IMAI, MICHAEL P. KEANE International economic review . 2004,第2期

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5. Home -based work, human capital accumulation and women's labor force participation. [D] . Chutubtim, Piyaluk. 2005

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Human capital accumulation and the intertemporal elasticity of substitution of labor: How large is the bias?

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