Showing 1 - 10 of 436
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
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 investigates the transferability of human capital across countries and the contribution of imperfect human capital portability to the explanation of the immigrant-native wage gap. Using data for West Germany, our results reveal that, overall, education and labor market experience...
Persistent link: https://www.econbiz.de/10010271804
This study compares the determinants of productivity and wages at both firm and worker level. In the firm-level analysis, we follow Hellerstein, Neumark and Troske (1999) and provide improved estimates based on an extended set of covariates including the intensity of firm-provided training. In...
Persistent link: https://www.econbiz.de/10010291452
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
This paper reviews Jacob Mincer?s contributions to the analyses of earnings and the distribution of earnings through … theoretical literature on the distribution of earnings in the pre-Mincer period, and then discusses his analysis of human capital … and earnings developed in his 1957 doctoral dissertation and 1958 Journal of Political Economy (JPE) article. Further …
Persistent link: https://www.econbiz.de/10010261574
Mobility of workers involves flows of labour, human capital and other production factors and thus contributes to a more efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also change the international and national...
Persistent link: https://www.econbiz.de/10010268676