Showing 1 - 10 of 25
a positive relationship between wage and tenure. It is shown that the standard model does not in fact predict such a …
Persistent link: https://www.econbiz.de/10005504373
anecdotal. In this Paper we adopt the methodology of the micro-econometric labour literature to estimate the returns to tenure …
Persistent link: https://www.econbiz.de/10005661849
We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee's education is an important signal to the employer initially. Over time, the returns to schooling should decrease with labour market experience and increase with initially...
Persistent link: https://www.econbiz.de/10005666574
We study hiring decisions made by competing universities in a dynamic framework, focusing on the structure of university finance. Universities with annual state-approved financing underinvest in high-quality faculty, while universities that receive a significant part of their annual income from...
Persistent link: https://www.econbiz.de/10005791354
need not reflect the `true' relationship between earnings and tenure. In this paper we argue that the observation of the …. Under certain assumptions, this information can be used to construct an unbiased estimator of the effects of tenure on … earnings growth. We apply this simple idea to Japanese and UK data. We find that tenure effects on earnings are positive but …
Persistent link: https://www.econbiz.de/10005791889
This paper investigates the effect of displacement on wages of socially insured German workers, who became unemployed in 1986. Because detailed information on job loss is unavailable, displacement status is predicted using a probit, estimated on the German Socioeconomic Panel. In contrast to US...
Persistent link: https://www.econbiz.de/10005792243
mobility and job tenure for men and women over the twentieth century. British men and women hold an average of five jobs over … separation hazard is increasing in the first few months of a job, and declines thereafter. History is found to affect job tenure … different tenure patterns than later cohorts: job tenure is typically longer for earlier cohorts, and there are more pronounced …
Persistent link: https://www.econbiz.de/10005497840
This paper develops a theoretical model of optimal quit behaviour for a worker who holds an option to quit but faces a fixed cost of quitting. A worker will accept the outside offer only if the net present value of the difference in expected future cash flows associated with the old and the new...
Persistent link: https://www.econbiz.de/10005497897
We structurally estimate a novel job search model with endogenous job search effort, job quality dispersion, and effort monitoring, taking into account that monitoring effects may be mitigated by on-the-job search and search channel substitution. The data are from a randomized experiment...
Persistent link: https://www.econbiz.de/10011084149
In the empirical literature on labour supply, several static models are developed to incorporate constraints on working hours. These models do not address to what extent working hours are constrained within jobs, and to what extent working hours can be adjusted by means of changing employer. The...
Persistent link: https://www.econbiz.de/10005661928