This paper uses a new data source to investigate whether wages rise more with seniority in unionized or non …-unionized workplaces. The data distinguish workers who are covered by incremental wage scales with automatic progression by seniority. For … union workers with seniority scales, the union wage differential increases with seniority. This is not the case for union …

This paper uses the British Household Panel Survey to investigate when seniority is rewarded by automatic incremental …

need not reflect the `true' relationship between earnings and tenure. In this paper we argue that the observation of the … earnings growth. We apply this simple idea to Japanese and UK data. We find that tenure effects on earnings are positive but …Standard estimates of earnings profiles ignore the fact that, with unobserved heterogeneity, cross-section evidence …

In this paper we provide an overview of China’s human capital strategy and educational achievements over the last two … decades. While every one acknowledges China as an economic superpower, very few are aware of or realize China’s notable … Chinese modern higher education system China has made tremendous strides in education both domestically and internationally …

, 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 to explain these regularities by developing a dynamic model of the … to seniority in wages. Efficiency in hiring requires the workers’ bargaining power to be in line with their share in the …

, 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 to explain these regularities by developing a dynamic model of the … to seniority in wages. Efficiency in hiring requires the workers’ bargaining power to be in line with their share in the …

, in particular the enforcement of seniority and subordination clauses in debt contracts. …

Plan, which gave commercial credits seniority over reparations. I argue that the Young Plan of 1929 implied a reversal of … this seniority scheme, causing a sudden stop and reversal in the German balance of payments that lasted throughout the …