This paper explores the determinants of earnings growth in corporate hierarchies using static and dynamic panel data techniques. The novelty derives from the distinction between base pay and bonus, the asymmetric effects of promotion and demotion, and the consideration of dynamic effects. We...

Using Danish firm (workplace) data on employment reallocation merged with individual records, the effects of job creation/destruction and worker reallocation on wages are estimated using fixed effects techniques. After controlling for business cycle fluctuations, job creation is found to...

A model of employed and unemployed job search is estimated from a panel of new entrants into the labor force as well as prime-age workers. After investigating the relative efficiency of the two main search methods within a representative agent framework, the author estimates the model under a...