Job Mobility and Wage Dynamics

Using a dataset covering the population of Danish private-sector <p> workers, I analyze the relationship between job changes and wage <p> dynamics. I …nd that the number of past job changes is positively <p> related to wages. This result is consistent with the idea that workers <p> changing …rms end up with better matches than workers who do not <p> change …rms. The main …ndings are veri…ed using the U.S. NLSY panel <p> data, implying that they can not be attributed to the peculiarities of <p> the Danish labor market