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Earnings-Tenure Profiles: Tests of Agency and Human Capital Theories Using Individual Performance Data

Kato, Takao; Dong, Xiao-Yuan; Jones, Derek C. - Institute for the Study of Labor (IZA) - 2007

policies in China. We find that again consistent with the agency view, earnings-tenure profiles are considerably steeper for … in accounting for upward-sloping earnings-tenure profiles; our findings strongly support the agency view. Our second area … find that earnings-tenure profiles for employee owners are not upward-sloping but horizontal. In addition we find that pay-performance …

Persistent link: https://www.econbiz.de/10005822365

Tenure-based Wage Setting

Hart, Robert A.; Ritchie, Felix - 1999

We provide empirical support for the contention that within-job wage growth relates purely to job-specific performance … and that returns to general experience are assessed at the point of job change. Using the British New Earnings Survey …

Persistent link: https://www.econbiz.de/10010262277

Wage premia for newly hired employees: Theory and evidence

Kampkötter, Patrick; Sliwka, Dirk - 2011

We investigate wage differences between newly hired and incumbent employees. We show in a formal model that when employees care for wages as well as match-specific utility, incumbents earn less than new recruits if and only if firm-specific human capital is not too important. The existence and...

Persistent link: https://www.econbiz.de/10010278590

Returns to ICT skills

Oliver, Falck; Heimisch, Alexandra; Wiederhold, Simon - 2016

How important is mastering information and communication technologies (ICT) in modern labor markets? We present the first evidence on this question, drawing on unique data that provide internationally comparable information on ICT skills in 19 countries. Our identification strategy relies on the...

Persistent link: https://www.econbiz.de/10011416403

Occupational Mobility and Wage Inequality

Kambourov, Gueorgui; Manovskii, Iourii - 2004

increase in the variability of transitory earnings. …

Persistent link: https://www.econbiz.de/10010261938

Job search, human capital and wage inequality

Carrillo-Tudela, Carlos - 2012

The objective of this paper is to construct and quantitatively assess an equilibrium search model with on-the-job search and general human capital accumulation. In the model workers enter the labour market with different abilities and firms differ in their productivities. Wages are dispersed...

Persistent link: https://www.econbiz.de/10009659316

Have labour market reforms at the turn of the millennium changed job durations of the new entrants? A comparative study for Germany and Italy

Giannelli, Gianna Claudia; Jaenichen, Ursula; Villosio, … - 2009

According to the aims of the labour market reforms of the 90s implemented in many European countries, workers may stay at their first job for a shorter time, but should be able to switch jobs easily. This would generate a trade-off between job opportunities and job stability. This paper...

Persistent link: https://www.econbiz.de/10010269568

The value of early-career skills

Langer, Christina; Wiederhold, Simon - 2023

We develop novel measures of early-career skills that are more detailed, comprehensive, and labor-market-relevant than existing skill proxies. We exploit that skill requirements of apprenticeships in Germany are codified in state-approved, nationally standardized apprenticeship plans. These...

Persistent link: https://www.econbiz.de/10013550210

How general is human capital? A task-based approach

Gathmann, Christina; Schönberg, Uta - 2007

This paper studies how portable skill accumulated in the labor market are. Using rich data on tasks performed in occupations, we propose the concept of task-specific human capital to measure the transferability of skills empirically. Our results on occupational mobility and wages show that labor...

Persistent link: https://www.econbiz.de/10010268280

Does turnover inhibit specialization? : evidence from a skill survey in Peru

Atencio-De-Leon, Andrea; Lee, Munseob; Macaluso, Claudia - 2023

We design, pilot, and field a new survey of occupational skills in Peru, to investigate human capital differences between poor and rich countries. Though the average skill level is comparable, Peruvian jobs have markedly more uniform skill profiles than jobs in the US. However, matching...

Persistent link: https://www.econbiz.de/10014444868

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