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for industry concentration". This labor market density measure serves as a proxy for the number of workers that can reach …
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, are the first to leave the firm (Last In, First Out; LIFO). Second, workers’ wages rise with seniority (= a worker … to seniority in wages. Efficiency in hiring requires the workers’ bargaining power to be in line with their share in the …
Persistent link: https://www.econbiz.de/10011374429
This paper provides a new way of analyzing tenure profiles in wages, by modelling simultaneously the evolution of wages … and the distribution of tenures. Starting point is the observation that within-job log wages for an individual can be … outside wages only at job start and job separation, our empirical analysis of with job wage growth is based on expected wage …
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This paper provides a new way of analyzing tenure profiles in wages, by modelling simultaneously the evolution of wages … we observe outside wages only at job start and job separation, our empirical analysis of within job wage growth is based … on expected wage growth conditional on the outside wages at both dates. Our modelling allows testing of the efficient …
Persistent link: https://www.econbiz.de/10003338779
This paper provides a new way of analyzing tenure profiles in wages, by modelling simultaneously the evolution of wages … we observe outside wages only at job start and job separation, our empirical analysis of within job wage growth is based … on expected wage growth conditional on the outside wages at both dates. Our modelling allows testing of the efficient …
Persistent link: https://www.econbiz.de/10003301338