Buhai, Sebastian; Portela, Miguel; Teulings, Coen; … - Núcleo de Investigação em Políticas Económicas … - 2008
This study documents two empirical regularities, using data for Denmark and Portugal. First, workers who are hired last, are the first to leave the firm (Last In, First Out; LIFO). Second, workers’ wages rise with seniority (= a worker’s tenure relative to the tenure of her colleagues). We...