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The effects of labor market experience, job seniority, and job mobility on wage growth

Author: Joseph G Altonji; Nicolas Williams; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, 1992.
Series: Working paper series (National Bureau of Economic Research), no. 4133.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Abstract: This paper studies the returns to seniority, the returns to experience,

Abstract: and the effects of seniority and experience at the time of a quit or layoff on.

Abstract: changes in the job match specific component of wages. We show that these.

Abstract: returns are not identified in widely used regression models that relate the wage.

Abstract: changes of stayers, quits, and layoffs to tenure and experience. We deal with.

Abstract: the identification of problems in two ways. First, we obtain theoretical bounds.

Abstract: on key unidentified parameters using a simple model of wages and mobility.

Abstract: Second, we check the implications of assumptions about the linear tenure slope.

Abstract: for the estimates of the returns to tenure, experience, and the effect of tenure.

Abstract: on job match gains. We have three main empirical findings. First, there is a.

Abstract: large return to general labor market experience that is independent of job.

Abstract: shopping. Second, the return to tenure is probably above the Altonji and.

Abstract: Shakotko's (1987) estimate but far below OLS estimates. Third, quits results.

Abstract: in substantial job match gains for inexperienced workers. Layoffs are.

Abstract: associated with the substantial job match losses for workers who have been on.

Abstract: the job for over a year.  Read more...

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Additional Physical Format: Print version:
Altonji, Joseph.
Effects of labor market experience, job seniority, and job mobility on wage growth.
Cambridge, Mass. : National Bureau of Economic Research, 1992
(OCoLC)26903020
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Joseph G Altonji; Nicolas Williams; National Bureau of Economic Research.
OCLC Number: 72457669
Notes: "August 1992."
Description: 1 online resource.
Series Title: Working paper series (National Bureau of Economic Research), no. 4133.
Responsibility: Joseph G. Altonji, Nicolas Williams.

Abstract:

Abstract: This paper studies the returns to seniority, the returns to experience,

Abstract: and the effects of seniority and experience at the time of a quit or layoff on.

Abstract: changes in the job match specific component of wages. We show that these.

Abstract: returns are not identified in widely used regression models that relate the wage.

Abstract: changes of stayers, quits, and layoffs to tenure and experience. We deal with.

Abstract: the identification of problems in two ways. First, we obtain theoretical bounds.

Abstract: on key unidentified parameters using a simple model of wages and mobility.

Abstract: Second, we check the implications of assumptions about the linear tenure slope.

Abstract: for the estimates of the returns to tenure, experience, and the effect of tenure.

Abstract: on job match gains. We have three main empirical findings. First, there is a.

Abstract: large return to general labor market experience that is independent of job.

Abstract: shopping. Second, the return to tenure is probably above the Altonji and.

Abstract: Shakotko's (1987) estimate but far below OLS estimates. Third, quits results.

Abstract: in substantial job match gains for inexperienced workers. Layoffs are.

Abstract: associated with the substantial job match losses for workers who have been on.

Abstract: the job for over a year.

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