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Author:Chang, Y.
Comes, J. F.
Schorfheide, F.
Title:Learning-by-doing as a propagation mechanism
Journal:American Economic Review
2002 : DEC, VOL. 92:5, p. 1498-1534
Index terms:LEARNING
SKILLED WORKERS
SKILLS
WORK EXPERIENCE
Freeterms:PROPAGATION
Language:eng
Abstract:This paper suggests that skill accumulation through past work experience, or "learning-by-doing" (LBD), can provide an important propagation mechanism in a dynamic stochastic general-equilibrium model, as the current labor supply affects future productivity.
SCIMA record nr: 243771
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