We provide an empirical analysis of job mobility with heterogeneous firms and employees. Inference is Bayesian. The results indicate an unobserved heterogeneity at the level of the individuals, and even more influential at the firm level. Furthermore, assortative employers? and employees?...

We study job mobility using a multivariate hazard model in discrete time. It involves two correlated random effects, one at the firm level and another at the worker level. Bayesian estimates are based on a Portuguese matched employer-employee dataset. Our results confirm the importance of...

capturing the unobservables characteristics of the worker that impact the propensity to change jobs.