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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. |
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