Matching Human Capital and Displacement

Varadarajan Chari () and H.A. Hopenhayen

RCER Working Papers from University of Rochester - Center for Economic Research (RCER)

Abstract: Traditional analyses of the role of human capital in labour market have focused on theoretical extremes in which capital is either purely match-specific or perfectly transferable. The purpose of this paper is to develop a simple decision-theoretic model that considers this reallocation problem. In our model, the quality of a match between a firm and a worker determines the transferability of previously acquired capital.

Keywords: HUMAN CAPITAL; MODELS (search for similar items in EconPapers)
JEL-codes: J24 J41 (search for similar items in EconPapers)
Date: 1996

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:roc:rocher:414

Access Statistics for this paper

More papers in RCER Working Papers from University of Rochester - Center for Economic Research (RCER)
Address: UNIVERSITY OF ROCHESTER, CENTER FOR ECONOMIC RESEARCH, DEPARTMENT OF ECONOMICS, HARKNESS 231 ROCHESTER NEW YORK 14627 U.S.A.
Series data maintained by Terry Fisher ().