unemployed workers, when starting a new job, start it in a new occupation or industry (a career change, in the parlance of this …

searching on-the-job. Workers use this search capital to improve wages and insure against job destruction. This behaviour … generates voluntary and involuntary job-to-job transitions with both wage hikes and wage cuts. The equilibrium wage distribution … becomes less disperse than when workers cannot recall previously met job opportunities. The impact on output depends on …

quantitatively assess an equilibrium search model with on-the-job search, general human capital accumulation and two sided … show that heterogeneity among firms generates a lot of wage inequality. Among low skilled workers job ladder effects are … small, most of the impact of experience on wages is due to learning-by-doing. High skilled workers are much more mobile. Job …

consider a model of on-the-job search where firms offer promotion wage contracts to workers of different ability, which is … replicates the negative relationship between job-to-job transitions and wages observed in the U.S. labor market. …