Business cycle fluctuations and the life cycle: how important is on-the-job skill accumulation?

DOI10.1016/J.JET.2008.08.009MaRDI QIDQ2653918zbMATH OpenOpenAlexFDO

Authors Gary D. Hansen, Selahattin Imrohoroğlu

Publication date 15 January 2010

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL http://www.nber.org/papers/w13603.pdf

zbMATH Keywords

business cycleshuman capitalon-the-job skill accumulationoverlapping generations

Mathematics Subject Classification ID

General equilibrium theory (91B50) Manpower systems in sociology (91D35)

Recommendations

• The business cycle human capital accumulation nexus and its effect on hours worked volatility
• Ex post heterogeneity and the business cycle
• Unemployment fluctuations over the life cycle
• On-the-job human capital investment and intertemporal substitution: new evidence on intertemporal substitution elasticity
• Hours and employment variation in business cycle theory

Cites work

• Life-Cycle Economies and Aggregate Fluctuations
• Time to Build and Aggregate Fluctuations

Cited in

(5)

• The business cycle human capital accumulation nexus and its effect on hours worked volatility
• Learning by doing and Ben-Porath: life-cycle predictions and policy implications
• Life-Cycle Economies and Aggregate Fluctuations
• Wage volatility and changing patterns of labor supply
• Ex post heterogeneity and the business cycle

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