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Rising Occupational And Industry Mobility In The United States: 1968-97

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  • Gueorgui Kambourov
  • Iourii Manovskii

Abstract

We document and analyze the high level and the substantial increase in worker mobility in the United States over the 1968-97 period at various levels of occupational and industry aggregation. This is important in light of the recent findings that human capital of workers is largely occupation- or industry-specific. To control for measurement error in occupation and industry coding, we develop a method that utilizes the PSID Retrospective Occupation-Industry Supplemental Data Files. We emphasize the importance of our findings for understanding a number of issues such as the changes in wage inequality, aggregate productivity, job stability, and life-cycle earnings profiles. Copyright 2008 by the Economics Department Of The University Of Pennsylvania And Osaka University Institute Of Social And Economic Research Association.

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Bibliographic Info

Article provided by Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association in its journal International Economic Review.

Volume (Year): 49 (2008)
Issue (Month): 1 (02)
Pages: 41-79

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Handle: RePEc:ier:iecrev:v:49:y:2008:i:1:p:41-79

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