2024-03-28T19:15:11Zhttp://digital.csic.es/dspace-oai/requestoai:digital.csic.es:10261/2019202021-01-08T05:31:50Zcom_10261_58com_10261_7col_10261_311
Occupational Choice with Endogenous Spillovers
Albornoz, Facundo
Cabrales, Antonio
Hauk, Esther
Ministerio de Economía y Competitividad (España)
Comisión Interministerial de Ciencia y Tecnología, CICYT (España)
Generalitat de Catalunya
This article is part of a substantial revision of the paper circulated under the title ‘Targeted socialization and production’
We study a model that integrates productive and socialising efforts with occupational choice, and endogenous spillovers. We show that more talented individuals work harder and contribute more to externalities, but also have incentives to segregate. Average socialising increases the productivity of the occupation. The size of an occupation grows with its synergies. Individuals underinvest in productive and socialising effort, and sort themselves inefficiently into occupations. We derive the optimal subsidy for sorting into different occupations. Finally, we derive a rule to identify overpopulated sectors and establish the connection between inequality of talents, socialising, productive efforts and occupation size.
2020-02-25T13:22:10Z
2020-02-25T13:22:10Z
2019-07
2020-02-25T13:22:10Z
artículo
Economic Journal 129(21): 1953-1970 (2019)
http://hdl.handle.net/10261/201920
10.1111/ecoj.12634
http://dx.doi.org/10.13039/501100007273
http://dx.doi.org/10.13039/501100002809
http://dx.doi.org/10.13039/501100003329
Postprint
http://dx.doi.org/10.1111/ecoj.12634
Sí
info:eu-repo/grantAgreement/MINECO/Plan Estatal de Investigación Científica y Técnica y de Innovación 2013-2016/SEV-2015-0563
info:eu-repo/grantAgreement/MINECO/Plan Estatal de Investigación Científica y Técnica y de Innovación 2013-2016/ECO2015-67171-P
openAccess
Oxford University Press