This study uses computerized personnel microdata on the white male managerial and professional employees at a major U.S. corporation to address the following question: Can the additional earnings which are associated with more labor market experience at a point in time really be explained by...

This paper presents survey evidence from about 200 firms that protection against job loss grows with employees' length of service even after controlling for the perceived net value of employees to the firm. As would be expected, senior workers are better protected against permanent layoff in...

This paper presents survey evidence from about 200 firms that protection against job loss grows with employees' length of service even after controlling for the perceived net value of employees to the firm. As would be expected, senior workers are better protected against permanent layoff in...