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We analyze the dynamics of worker mobility in the United States over the 1968-1993 period at various levels of occupational and industry aggregation. We find a substantial overall increase in occupational and industry mobility over the period and document the levels and time trends in mobility...
Persistent link: https://www.econbiz.de/10005102098
We find that returns to occupational tenure are substantial. Everything else being constant, 5 years of occupational tenure are associated with an increase in wages of 12%-20%. Moreover, when occupational experience is taken into account, tenure with an industry or employer has relatively little...
Persistent link: https://www.econbiz.de/10005400902
We document and analyze the high level and the substantial increase in worker mobility in the United States over the 1968-97 period at various levels of occupational and industry aggregation. This is important in light of the recent findings that human capital of workers is largely occupation-...
Persistent link: https://www.econbiz.de/10005400941
Persistent link: https://www.econbiz.de/10005090829
In this paper we document substantial returns to occupational tenure. Everything else being constant, ten years of occupational tenure are likely to increase wages by at least $19\%$. Moreover, we show that when occupational experience is taken into account, tenure with an industry or an...
Persistent link: https://www.econbiz.de/10005090910
Persistent link: https://www.econbiz.de/10005069403
In this study we argue that wage inequality and occupational mobility are intimately related. We are motivated by our empirical findings that human capital is occupation-specific and that the fraction of workers switching occupations in the United States was as high as 16% a year in the early...
Persistent link: https://www.econbiz.de/10005761630
We analyze the dynamics of worker mobility in the United States over the 1968-1993 period at various levels of occupational and industry aggregation. We find a substantial overall increase in occupational and industry mobility over the period and document the levels and time trends in mobility...
Persistent link: https://www.econbiz.de/10005703753
The literature on the returns to training has pointed out that, immediately following a training episode, wages of participants in employer-sponsored training increase substantially while wages of participants in government-sponsored training hardly change. We argue that a clear selection issue...
Persistent link: https://www.econbiz.de/10009646374
The rapidly growing literature studying the returns to firm- and government-sponsored training has made a striking observation. Returns to firm-sponsored training are positive and large while returns to government-sponsored training are low or even negative, especially in the short run. This has...
Persistent link: https://www.econbiz.de/10010554444