Search Results
Author: Sullivan, Paul Joseph
Resulting in 4 citations.
| 1. |
Sullivan, Paul Joseph |
|
A Dynamic Analysis of Educational Attainment, Occupational Choices, and Job Search International Economic Review 51,1 (February 2010): 289-317. Also: http://onlinelibrary.wiley.com/doi/10.1111/j.1468-2354.2009.00580.x/abstract Cohort(s): NLSY79 Publisher: Blackwell Publishing, Inc. => Wiley Online Keyword(s): Educational Attainment; Job Search; Occupational Choice; Wage Growth This article examines career choices using a dynamic structural model that nests a job search model within a human capital model of occupational and educational choices. Wage growth occurs in the model because workers move between firms and occupations as they search for suitable job matches and because workers endogenously accumulate firm and occupation specific human capital. Simulations performed using the estimated model reveal that both self-selection in occupational choices and mobility between firms account for a much larger share of total earnings and utility than the combined effects of firm and occupation specific human capital. |
|
|
Bibliography Citation
Sullivan, Paul Joseph. "A Dynamic Analysis of Educational Attainment, Occupational Choices, and Job Search." International Economic Review 51,1 (February 2010): 289-317.
|
| 2. |
Sullivan, Paul Joseph |
|
A Dynamic Analysis of Educational, Occupational, and Inter-Firm Mobility Decisions Ph.D. Dissertation, University of Virginia, 2005. DAI-A 66/01, p. 287, Jul 2005 Cohort(s): NLSY79 Publisher: ProQuest Dissertations & Theses (PQDT) Keyword(s): Educational Attainment; Heterogeneity; Human Capital; Labor Economics; Mobility, Occupational; Modeling; Wages Permission to reprint the abstract has not been received from the publisher. This research examines educational attainment and mobility between firms and occupations using a dynamic structural model of career choices. The model expands on previous work by jointly modeling transitions between firms and occupations within a model of career choice. Incorporating mobility between firms and occupations within a unified model provides structural parameter estimates that indicate the relative importance of firm and occupation-specific factors in determining career choices. The estimates suggest that employment choices are driven jointly by firm-specific factors such as matching in wages and occupation-specific factors such as heterogeneity in skills and preferences for different types of work. The estimates also indicate that both firm and occupation-specific human capital play a role in determining wages. Individuals in the model choose when to attend school and when to move between firms and occupations. Transitions between firms and occupations are produced by the interaction of firm-specific match values, occupation-specific skill heterogeneity, human capital, and randomness in job offers and utility shocks. The parameters of the dynamic structural model are estimated with simulated maximum likelihood using data on individuals' educational and employment choices from the 1979 cohort of the National Longitudinal Survey of Youth (NLSY). Estimation is computationally expensive because of the size of the state space and the inclusion of wage and non-pecuniary job matching in the model. These complications are addressed by using simulation and interpolation methods to solve the dynamic programming problem and by modeling human capital in a novel way that reduces the size of the state space. The structural parameter estimates confirm the significance of including firm-specific matching and human capital within a model of occupational choice. Differences in occupation-specific abilities across people are also shown to be a key determinant of occupational choices and wages. The estimates also indicate that preferences for the type of work done in each occupation play a large role in determining people's career choices. Counterfactual simulations show that the effect of preferences on occupational choices is large relative to the effect of variation in skills or schooling ability. Overall, the results suggest that educational and occupational choices are shaped by a complex pattern of comparative advantages in skills and preferences. |
|
|
Bibliography Citation
Sullivan, Paul Joseph. A Dynamic Analysis of Educational, Occupational, and Inter-Firm Mobility Decisions. Ph.D. Dissertation, University of Virginia, 2005. DAI-A 66/01, p. 287, Jul 2005. |
| 3. |
Sullivan, Paul Joseph |
|
Empirical Evidence on Occupation and Industry Specific Human Capital Labour Economics 17,3 (June 2010): 567-580. Also: http://www.sciencedirect.com/science/article/pii/S0927537109001286 Cohort(s): NLSY79 Publisher: Elsevier Keyword(s): Firms; Human Capital; Job Tenure; Skilled Workers; Training, Occupational; Variables, Instrumental; Work Experience This paper presents instrumental variables estimates of the effects of firm tenure, occupation specific work experience, industry specific work experience, and general work experience on wages using data from the 1979 Cohort of the National Longitudinal Survey of Youth. The estimates indicate that both occupation and industry specific human capital are key determinants of wages, and the importance of various types of human capital varies widely across one-digit occupations. Human capital is primarily occupation specific in occupations such as craftsmen, where workers realize a 14% increase in wages after five years of occupation specific experience but do not realize wage gains from industry specific experience. In contrast, human capital is primarily industry specific in other occupations such as managerial employment where workers realize a 23% wage increase after five years of industry specific work experience. In other occupations, such as professional employment, both occupation and industry specific human capital are key determinants of wages. |
|
|
Bibliography Citation
Sullivan, Paul Joseph. "Empirical Evidence on Occupation and Industry Specific Human Capital." Labour Economics 17,3 (June 2010): 567-580.
|
| 4. |
Sullivan, Paul Joseph |
|
Estimation of an Occupational Choice Model When Occupations Are Misclassified Journal of Human Resources 44,2 (Spring 2009): 495-535. Also: http://www.ssc.wisc.edu/jhr/2009ab/sullivan2.htm Cohort(s): NLSY79 Publisher: University of Wisconsin Press Keyword(s): Census of Population; Heterogeneity; Human Capital; Misclassification, Mismeasurement; Modeling; Occupational Choice; Occupations; Panel Study of Income Dynamics (PSID) This paper develops an empirical occupational choice model that corrects for misclassification in occupational choices and measurement error in occupation-specific work experience. The model is used to estimate the extent of measurement error in occupation data and quantify the bias that results from ignoring measurement error in occupation codes when studying the determinants of occupational choices and estimating the effects of occupation-specific human capital on wages. The parameter estimates reveal that 9 percent of occupational choices in the 1979 cohort of the NLSY are misclassified. Ignoring misclassification leads to biases that affect the conclusions drawn from empirical occupational choice models. |
|
|
Bibliography Citation
Sullivan, Paul Joseph. "Estimation of an Occupational Choice Model When Occupations Are Misclassified." Journal of Human Resources 44,2 (Spring 2009): 495-535.
|