encompass between-job wage movements linked to promotions or demotions while job spells don't. Using a 1% sample of the British … any positive effects of job-specific human capital on wage growth within jobs are outweighed by the effects of job changes …

expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement … incentives, e.g., social security wealth or health status, the steepness of the wage profile will have different incentives for …