Job Matching and Occupational Choice
扩展了工作匹配模型，引入不同职业类型，证明年轻人应优先选择特定风险的工作，并用面板数据估计了均衡离职率，实证支持了职业转换的存在。
This paper presents a model of job matching the generalizes the existing literature by allowing for different jobs types, or occupations. Such differences affect the value of job-specific experience, inducing a career profile where certain types are sampled before others. More specifically, the analysis shows that it is optimal for the young and inexperienced to gravitate toward jobs exhibiting a certain kind of risk. Then, after deriving the equilibrium job turnover rate for an economy in which people do not switch occupations, panel data are used to estimate its underlying parameters. The hypothesis that people do not switch occupations is rejected against the alternative that they do, thus providing empirical support for the theoretical extension undertaken here.