We show that greater technological progress is associated with a lower (higher) probability of worker investment in firm-specific human capital if the technology is of creative destruction (renovation) type. The impact of human capital investments on labor market outcomes depends on the type of...

This paper exploits survey information on reservation wages and data on actual wages from the European Community Household Panel to deduce in the manner of Lancaster and Chesher (1983) additional parameters of a stylized structural search model; specifically, reservation wage and...