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Title: Tasks and Heterogeneous Human Capital

Citation Type: Working Paper

Publication Year: 2010

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Abstract: This paper proposes a new approach to modeling heterogeneous human capital using the data from the Dictionary of Occupational Titles. The key feature of the model is that it conceives of an occupation as a bundle of tasks, departs from the Roy model in which occupations are treated as distinct categories. The proposed approach has advantages in that it can accommodate many occupations without computational burden and provides a clear interpretation as to how and why skills are differently rewarded across different occupations. The model is structurally estimated by the Kalman filter using the NLSY79.

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Authors: Yamaguchi, Shintaro

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Institution: MacMaster University

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Publisher Location: Ontario, Canada

Data Collections: IPUMS CPS

Topics: Labor Force and Occupational Structure

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