Author: Michael RosholmPublisher:
ISBN:
Category :
Languages : en
Pages : 60
Book Description
Wages, Training, and Job Turnover in a Search-matching Model
Author: Michael RosholmAn Empirical Analysis of Job Turnover, Wages, and Training
Author: Anne Beeson RoyaltyPublisher:
ISBN:
Category : Labor turnover
Languages : en
Pages : 204
Book Description
Job Training, Wage Growth, and Labor Turnover
Author: Jacob MincerPublisher:
ISBN:
Category : Labor turnover
Languages : en
Pages : 72
Book Description
Using explicit information on timing and duration of job training in panels of PSID men, I find negative effects of training on turnover and positive effects on wage growth in the firm and over longer periods (1968 to 1983). Wages of trainees grow 4-6% faster per year over periods of training compared to other workers or periods. Wage trajectories in the firm and across firms over longer periods are steeper for workers who engage in more training. These results are explainable by a positive correlation between general and firm-specific components of training. So is the apparent paradox that frequent movers' wages grow less in the long run than those of less frequent movers (stayers), despite wage gains in moving. Mobility wage gains are reduced by worker investment in training in the new firm. These mobility (search and matching) gains appear to contribute to job attachment in the presence of such investments.
Training, Turnover, and Search
Author: Elena QuercioliPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
This article explores a model of firm-specific training in a job search environment with labor turnover. The main substantive finding is a positive association between training and wages (when dispersed). The article then precisely characterizes how both wage dispersion and firm profitability depend on the flow value b> of workers' unmatched time. It is shown that: (i) for all high values b, no equilibrium exists; (ii) for intermediate values b, multiple equilibria arise, where firms earn zero profits, and choose from a general wage distribution; (iii) for all lower values b, there is a unique equilibrium, with firms earning positive profits, and choosing from an atomless set of wages.
Wage Dispersion
Author: Dale MortensenPublisher: MIT Press
ISBN: 9780262633192
Category : Business & Economics
Languages : en
Pages : 170
Book Description
A theoretical and empirical examination of wage differentials findsthat traditional theories of competition do not explain why workers with identical skills are paid differently.
Bayesian Econometrics
Author: Siddhartha ChibPublisher: Emerald Group Publishing
ISBN: 1848553099
Category : Business & Economics
Languages : en
Pages : 656
Book Description
Illustrates the scope and diversity of modern applications, reviews advances, and highlights many desirable aspects of inference and computations. This work presents an historical overview that describes key contributions to development and makes predictions for future directions.
Studies in Labor Markets
Author: Sherwin RosenPublisher: University of Chicago Press
ISBN: 0226726304
Category : Political Science
Languages : en
Pages : 408
Book Description
The papers in this volume present an excellent sampling of the best of current research in labor economics, combining the most sophisticated theory and econometric methods with high-quality data on a variety of problems. Originally presented at a Universities-National Bureau Committee for Economic Research conference on labor markets in 1978, and not published elsewhere, the thirteen papers treat four interrelated themes: labor mobility, job turnover, and life-cycle dynamics; the analysis of unemployment compensation and employment policy; labor market discrimination; and labor market information and investment. The Introduction by Sherwin Rosen provides a thoughtful guide to the contents of the papers and offers suggestions for continuing research.
Continuous Training, Job Satisfaction and Gender
Author: Claudia BurgardPublisher:
ISBN: 9783867883115
Category :
Languages : en
Pages : 22
Book Description
Labor Market Efficiency, Wages and Employment when Search Frictions Interact with Intrafirm Bargaining
Author: Pierre CahucMatch Quality, Turnover and Wage Growth
Author: John BishopPublisher:
ISBN:
Category : Labor turnover
Languages : en
Pages : 70
Book Description