This paper delivers new evidence for European countries on the role of a wide range of policies for workers’ mobility in terms of hiring transitions into jobs, with an emphasis on differences across socio-economic groups. Labour market transitions are relevant in the current context where the...

The paper studies human capital accumulation over workers' careers in an on the job search setting with heterogenous firms. In renegotiation proof employment con- tracts, more productive firms provide more training. Both general and specific training induce higher wages within jobs, and with...

This paper uses longitudinal data from Australia to examine the extent to which overskilling - the extent to which work-related skills and abilities are utilized in current employment - is a transitory phenomenon. The results suggest that while overskilled workers are much more likely to want to...

Forty years ago, a generation of American women embarked on careers they had never anticipated, knowing almost nothing about what their futures would be like. Now these pioneers are nearing retirement. A lifetime of results are in, and debate is raging about women's progress, what they can do,...

The finance wage premium since the 1990s has arguably lured talent away from other industries. However, the allocation of talent is likely to respond to differences in career paths, not in wages at a given date. We use resume data to reconstruct the careers of 11,255 professionals in finance,...

A novel test for racial discrimination in English professional football is presented, based on an assessment of the effect of race on footballers' labour market transition probabilities. Career progression is observed over five-year intervals within the period 1986-2001. Transition probabilities...

The aim of this paper is to explain the growing wage differentials between men and women during their working careers. We provide a dynamic model of statistical discrimination, which integrates specific human capital decisions: on-the-job training investment and wages are endogenously...

Toyboy marriages (where the female partner is at least 5 years older than her male partner) have grown threefold since the 1970s in the United States and Britain. This paper examines this phenomenon using an equilibrium search framework in which becoming successful in the labour market takes...

Many authors have recently suggested that the heterogeneity in the quality of early education may be one of the key mechanisms underlying the intergenerational persistence of earnings. This paper estimates the effect of a major educational reform on the intergenerational income mobility in...