Buhai, Sebastian; Portela, Miguel; Teulings, Coen; … - Faculty of Economics, University of Cambridge - 2013
who are hired last, are the first to leave the firm. Second, workers’ wages rise with seniority (= a worker’s tenure … relative to the tenure of her colleagues). The identification problems for the wage return to tenure are shown not to apply to … the return to seniority because seniority is not a deterministic function of time. Controlling for tenure, the probability …