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Human capital and deferred compensation might explain why firms employ but do not hire older workers. Adjustments of wage-tenure profiles for older new entrants are explored in the context of deferred compensation. From an equity theory perspective, such adjustments might lead to adverse...
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The retirement age raise is bound to create certain risks for the labor market. Nevertheless, statistics point to the … existence of an informal agreement between employees and employers that the retirement age should mark the end of an employment … history. If such is the case, a raised retirement age will simply push that threshold a little further …
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This study documents two empirical regularities, using data for Denmark and Portugal. First, workers who are hired last, are the first to leave the firm (Last In, First Out; LIFO). Second, workers' wages rise with seniority (= a worker's tenure relative to the tenure of her colleagues). We seek...
Persistent link: https://www.econbiz.de/10003749639
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This study documents two empirical regularities, using data for Denmark and Portugal. First, workers who are hired last, are the first to leave the firm (Last In, First Out; LIFO). Second, workers' wages rise with seniority (= a worker's tenure relative to the tenure of her colleagues). We seek...
Persistent link: https://www.econbiz.de/10003652677
Persistent link: https://www.econbiz.de/10010389387