Human Capital Reallocation Across Firms: Evidence from Idiosyncratic Shocks

2021 ◽  
Author(s):  
Erik Gilje ◽  
Jérôme Taillard ◽  
Linghang Zeng
Keyword(s):  
Human Capital ◽  
Idiosyncratic Shocks ◽  
Capital Reallocation

scholarly journals Sources of Lifetime Inequality

2011 ◽  
Vol 101 (7) ◽  
pp. 2923-2954 ◽  
Author(s):  
Mark Huggett ◽  
Gustavo Ventura ◽  
Amir Yaron
Keyword(s):  
Human Capital ◽  
Initial Conditions ◽  
Idiosyncratic Shocks ◽  
Initial Wealth ◽  
Lifetime Earnings

Is lifetime inequality mainly due to differences across people established early in life or to differences in luck experienced over the working lifetime? We answer this question within a model that features idiosyncratic shocks to human capital, estimated directly from data, as well as heterogeneity in ability to learn, initial human capital, and initial wealth. We find that, as of age 23, differences in initial conditions account for more of the variation in lifetime earnings, lifetime wealth, and lifetime utility than do differences in shocks received over the working lifetime. (JEL D31, D91, J24, J31)

Human Capital

2007 ◽  
Author(s):  
R. Rajaram
Keyword(s):  
Human Capital

Human Capital

1979 ◽  
Author(s):  
Roger P. Bartlett
Keyword(s):  
Human Capital

Human Capital and Global Business Strategy

2013 ◽  
Author(s):  
Howard Thomas ◽  
Richard R. Smith ◽  
Fermin Diez
Keyword(s):  
Human Capital ◽  
Business Strategy ◽  
Global Business
Sign in / Sign up

Export Citation Format

Share Document