Showing 1 - 10 of 393
We provide empirical support for the contention that within-job wage growth relates purely to job-specific performance … and that returns to general experience are assessed at the point of job change. Using the British New Earnings Survey …
Persistent link: https://www.econbiz.de/10010262277
We investigate wage differences between newly hired and incumbent employees. We show in a formal model that when employees care for wages as well as match-specific utility, incumbents earn less than new recruits if and only if firm-specific human capital is not too important. The existence and...
Persistent link: https://www.econbiz.de/10010278590
increase in the variability of transitory earnings. …
Persistent link: https://www.econbiz.de/10010261938
According to the aims of the labour market reforms of the 90s implemented in many European countries, workers may stay at their first job for a shorter time, but should be able to switch jobs easily. This would generate a trade-off between job opportunities and job stability. This paper...
Persistent link: https://www.econbiz.de/10010269568
This paper studies how portable skill accumulated in the labor market are. Using rich data on tasks performed in occupations, we propose the concept of task-specific human capital to measure the transferability of skills empirically. Our results on occupational mobility and wages show that labor...
Persistent link: https://www.econbiz.de/10010268280
The objective of this paper is to construct and quantitatively assess an equilibrium search model with on-the-job search and general human capital accumulation. In the model workers enter the labour market with different abilities and firms differ in their productivities. Wages are dispersed...
Persistent link: https://www.econbiz.de/10010290001
job titles, wage rates, and earnings for all employees. We examine initial job assignments, mobility between departments … departments and jobs within the firm as a Markov process. The estimated transition probabilities imply that expected seniority is …
Persistent link: https://www.econbiz.de/10010276291
We analyze the joint determination of wage levels, wage growth and firm tenure. Our analysis is built on estimating a … reduced form for tenure, a structural wage level equation and a structural wage growth equation. We disentangle returns to a … latent type variable from estimates of general returns to tenure and wage gains from job changes. This type is related to …
Persistent link: https://www.econbiz.de/10010268477
first show that the median elapsed tenure declined for men between 1984 and 1999. Second, estimating proportional Cox hazard …
Persistent link: https://www.econbiz.de/10010262118
Based on theoretical models of job mobility this paper provides an empirical analysis of job durations in West Germany using information from two cohorts of new entrants to the labor force. We adopt an accelerated failure time model allowing for unobserved heterogeneity. Thereby we combine the...
Persistent link: https://www.econbiz.de/10010262331