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Using panel data from 23 OECD countries, I document that wages grow more over the life-cycle in countries where job-to-job mobility is more common. A life-cycle theory of job shopping and accumulation of skills on the job highlights that a more fluid labor market allows workers to faster...
Persistent link: https://www.econbiz.de/10012814473
The starting point of this study is the proposition that intensive formation of human capital on the job is the basic proximate reason for the strong degree of worker attachment to the firm in Japan. The greater emphasis on training and retraining, much of it specific to the firm, results also...
Persistent link: https://www.econbiz.de/10012476762
Persistent link: https://www.econbiz.de/10013480877
The gap between black and white earnings is a longstanding feature of the United States labor market. Competing explanations attribute different weight to wage discrimination and access to human capital. Using new data on local school quality, we find that human capital played a predominant role...
Persistent link: https://www.econbiz.de/10012456726
This paper analyzes economic behavior and the effects of training and income support policies in the low wage labor market for women. The opportunity set takes account of nonlinearities and discontinuities associated with career interruption, part-time work, and government programs. There are...
Persistent link: https://www.econbiz.de/10012477032
This is a study of short and longer-runwage gains observed in moving from one job (firm) to the next. Short-run wage gains are defined as wage changes over the survey year bracketing the move minus the opportunity cost of moving. The latter is measured by waqe growth of a subgroup of stayers...
Persistent link: https://www.econbiz.de/10012477168
This study explores the existence of a net union premium and of the extent of rationing by quality of the resulting excess supply. The net union premium was estimated by relating changes in wages to changes in union status of the same worker in longitudinal panels (NLS and MID), and by two...
Persistent link: https://www.econbiz.de/10012478305
This paper examines the impact of a set of nonwage job characteristics on the quit decisions of young and middle-aged men. The empirical analysis shows that young men are less likely to quit "physical" jobs or jobs with bad working conditions but are more likely to quit repetitive jobs. Older...
Persistent link: https://www.econbiz.de/10012478583
1. The initially steep and later decelerating declines of labor mobility with working age are in large part due to the similar but more steeply declining relation between mobility and length of job tenure
Persistent link: https://www.econbiz.de/10012478791
This paper demonstrates that labor turnover is a significant factor in understanding wage growth since it affects both wage growth across jobs and wage growth within the job. Our analysis shows that young men who quit experience significant wage gains compared to stayers and compared to their...
Persistent link: https://www.econbiz.de/10012478865