000 | 02911cam a22003617 4500 | ||
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001 | w25418 | ||
003 | NBER | ||
005 | 20211020104307.0 | ||
006 | m o d | ||
007 | cr cnu|||||||| | ||
008 | 210910s2019 mau fo 000 0 eng d | ||
100 | 1 | _aJarosch, Gregor. | |
245 | 1 | 0 |
_aLearning from Coworkers / _cGregor Jarosch, Ezra Oberfield, Esteban Rossi-Hansberg. |
260 |
_aCambridge, Mass. _bNational Bureau of Economic Research _c2019. |
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_a1 online resource: _billustrations (black and white); |
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490 | 1 |
_aNBER working paper series _vno. w25418 |
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500 | _aJanuary 2019. | ||
520 | 3 | _aWe investigate learning at the workplace. To do so, we use German administrative data that contain information on the entire workforce of a sample of establishments. We document that having more highly paid coworkers is strongly associated with future wage growth, particularly if those workers earn more. Motivated by this fact, we propose a dynamic theory of a competitive labor market where firms produce using teams of heterogeneous workers that learn from each other. We develop a methodology to structurally estimate knowledge flows using the full-richness of the German employer-employee matched data. The methodology builds on the observation that a competitive labor market prices coworker learning. Our quantitative approach imposes minimal restrictions on firms' production functions, can be implemented on a very short panel, and allows for potentially rich and flexible coworker learning functions. In line with our reduced form results, learning from coworkers is significant, particularly from more knowledgeable coworkers. We show that between 4 and 9% of total worker compensation is in the form of learning and that inequality in total compensation is significantly lower than inequality in wages. | |
530 | _aHardcopy version available to institutional subscribers | ||
538 | _aSystem requirements: Adobe [Acrobat] Reader required for PDF files. | ||
538 | _aMode of access: World Wide Web. | ||
588 | 0 | _aPrint version record | |
690 | 7 |
_aE24 - Employment • Unemployment • Wages • Intergenerational Income Distribution • Aggregate Human Capital • Aggregate Labor Productivity _2Journal of Economic Literature class. |
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690 | 7 |
_aJ31 - Wage Level and Structure • Wage Differentials _2Journal of Economic Literature class. |
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690 | 7 |
_aO33 - Technological Change: Choices and Consequences • Diffusion Processes _2Journal of Economic Literature class. |
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700 | 1 | _aOberfield, Ezra. | |
700 | 1 |
_aRossi-Hansberg, Esteban. _919784 |
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710 | 2 | _aNational Bureau of Economic Research. | |
830 | 0 |
_aWorking Paper Series (National Bureau of Economic Research) _vno. w25418. |
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856 | 4 | 0 | _uhttps://www.nber.org/papers/w25418 |
856 |
_yAcceso en lĂnea al DOI _uhttp://dx.doi.org/10.3386/w25418 |
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_2ddc _cW-PAPER |
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_c322704 _d281266 |