2018
DOI: 10.1016/j.labeco.2017.11.010
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Occupational specificity: A new measurement based on training curricula and its effect on labor market outcomes

Abstract: This paper proposes a new measurement for the specificity of occupations based on a content analysis of training curricula that we link to labor market demands. We apply Lazear's (2009) skill weights approach and test predictions on labor market outcomes derived from his theory. We find clear evidence of a trade-off between earning higher returns with more specific training and higher occupational mobility with less specific training. Our measure improves the micro-foundation of human capital specificity and p… Show more

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Cited by 49 publications
(76 citation statements)
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References 37 publications
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“…Our approach is related to Geel et al (2011) and Eggenberger et al (2018), who calculate specificity measures using survey data and data from training curricula, respectively. Geel et al (2011) develop a measure for the German labour market, which we cannot apply to the Swiss case.…”
Section: Introductionmentioning
confidence: 99%
See 1 more Smart Citation
“…Our approach is related to Geel et al (2011) and Eggenberger et al (2018), who calculate specificity measures using survey data and data from training curricula, respectively. Geel et al (2011) develop a measure for the German labour market, which we cannot apply to the Swiss case.…”
Section: Introductionmentioning
confidence: 99%
“…Geel et al (2011) develop a measure for the German labour market, which we cannot apply to the Swiss case. Eggenberger et al (2018) develop a measure for Switzerland. While rich and detailed, their measure covers the most common occupations only.…”
Section: Introductionmentioning
confidence: 99%
“…html (last retrieved on April 16, 2019). 2 See, e.g.,Backes-Gellner et al (2017) orEggenberger et al (2018) for a short description of the economically important aspects of the Swiss VET system.…”
mentioning
confidence: 99%
“…The first element, the educational objectives were processed through a content analysis to decide whether comply with the overall program structure and the requirements of the current job market [24], as well as the scope and predictions of the MPE. Whereas a comprehensive review of approved academic curricula will permit to filter universities, based on the offer of specialized courses related to RESSD, to find the second element [25].…”
Section: Methodsmentioning
confidence: 99%