Occupational Choice, Matching, and Earnings Inequality

• 成果类型: Article
• 署名作者: Mak, Eric; Siow, Aloysius
• 署名单位: University of Jinan; University of Toronto
• 刊物名称: JOURNAL OF POLITICAL ECONOMY
• ISSN/ISSBN: 0022-3808
• DOI: 10.1086/732530
• 发表日期: 2025
• 页码: 355-383
• 关键词: heterogeneity; skills; wages

摘要

We combine classic occupational choice (Roy model) and frictionless matching (following Sattinger) to explain earnings by occupation and firm in a way that is consistent with double assignment. In our model, within-firm inequality is globally nonzero whenever there is asymmetry in the revenue function or the occupational skill distribution across occupations. Occupational earnings overlap each other, and, unlike in the Roy model, the distributions of potential earnings are endogenous. In line with recent empirical findings on earning decomposition, skill-biased technical change increases within-firm inequality mostly among high-wage firms and not among low-wage firms.