OxTalks will soon move to the new Halo platform and will become 'Oxford Events.' There will be a need for an OxTalks freeze. This was previously planned for Friday 14th November – a new date will be shared as soon as it is available (full details will be available on the Staff Gateway).
In the meantime, the OxTalks site will remain active and events will continue to be published.
If staff have any questions about the Oxford Events launch, please contact halo@digital.ox.ac.uk
Sign up for meetings on the sheet below (if signing up less than two days before the talk, please also email facultyadmin@economics.ox.ac.uk):
docs.google.com/spreadsheets/d/1eBvkZ1hT4dW1Xh32LWCR7SToztHUaidawPrJlYR34os/edit#gid=0
Abstract
We build a structural life-cycle model of sectoral choice and entrepreneurship. Our model allows endogenous career choices, costly job search, capital accumulation and permanent heterogeneity (in both wage productivity and self-employment productivity). We estimate our model using a long panel from urban Ghana, and show that our model fits the data well. Our results imply an important role for search costs and highlights the fundamental role of capital constraints in limiting career opportunities. Our model can provide useful guidance for understanding recent empirical literature in developing countries; we illustrate this by using the model to replicate recent experiments in developing country labour markets.
