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policies in China. We find that again consistent with the agency view, earnings-tenure profiles are considerably steeper for … in accounting for upward-sloping earnings-tenure profiles; our findings strongly support the agency view. Our second area … find that earnings-tenure profiles for employee owners are not upward-sloping but horizontal. In addition we find that pay-performance …
Persistent link: https://www.econbiz.de/10005822365
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
The idea that wages rise relative to alternatives as job seniority accumulates is the foundation of the theory of … individuals to the combination of wages, job tenure, and experience that are observed in survey data. Allowing for sources of bias … generated by these decisions, this paper uses longitudinal data to estimate a lower bound on the avenge return to job seniority …
Persistent link: https://www.econbiz.de/10012475741
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
This paper analyzes the effects of language practice on earnings among adult male immigrants in Canada using the 1991 … Census. Earnings are shown to increase with schooling, pre-immigration experience and duration in Canada, as well as with … languages enhances the effects on earnings of schooling and pre-immigration labor market experience. Language proficiency and …
Persistent link: https://www.econbiz.de/10010262796
Tuition reimbursement programs provide financial assistance for direct costs of education and are a type of general skills training program commonly offered by employers in the United States. Standard human capital theory argues that investment in firm-specific skills reduces turnover, while...
Persistent link: https://www.econbiz.de/10012465681