Human Capital Investments and Labor Mobility
整合人力资本理论与信息积累理论，构建模型解释收入、流动、年龄和工作年限之间的关系，并分析经济环境变化对劳动力市场均衡的影响。
This article integrates human capital theory with a theory of information accumulation and labor mobility. A model is constructed for the determination of human capital accumulation, job matching, and mobility that accounts for heterogeneity on both sides of the labor market. The model provides explanations for observable relationships between earnings, mobility, age, and job tenure. It also provides comparative static results of how the labor-market equilibrium is affected by changes in the economic environment. Copyright 1991 by University of Chicago Press.