Download or read book Human Capital Accumulation and Labor Market Equilibrium written by Kenneth Burdett and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze an equilibrium labor market with on-the-job search and experience effects (as workers learn by doing). The analysis yields a Mincer wage equation with worker fixed effects and endogenously determined firm fixed effects. Equilibrium sorting - where over time more experienced workers also tend to move to better paid employment - has a significant impact on wage inequality.