more procyclical than job stayers. This lends support to the predicted procyclical real wage effects of the Reynolds … exhibit the same degrees of wage cyclicality and these are considerably greater than for job stayers …

groups are broken down into 14 occupations, and 48 travel-to-work geographical districts. We estimate wage and hours …

expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement … incentives, e.g., social security wealth or health status, the steepness of the wage profile will have different incentives for …

encompass between-job wage movements linked to promotions or demotions while job spells don't. Using a 1% sample of the British … any positive effects of job-specific human capital on wage growth within jobs are outweighed by the effects of job changes …

Based on the British New Earnings Survey Panel Data for 1975-2001, this paper investigates the real hourly wage … cyclicality of part-time and full-time females. Relative degrees of wage responsiveness are estimated in respect of job stayers …

We present a wage-hours contract designed to minimize costly job turnover given investments in on the job training … marginal product while the basic hourly wage is less than the value of marginal product. Third, the basic hourly wage is …