Open AccessPosted Content
Job Mobility and the Careers of Young Men
Reads0
Chats0
TLDR
This paper studied the joint processes of job mobility and wage growth among young men drawn from the Longitudinal Employee-Employer Data and concluded that the process of job changing for young workers, while apparently haphazard, is a critical component of workers' move toward the stable employment relations that characterize mature careers.Abstract:
We study the joint processes of job mobility and wage growth among young men drawn from the Longitudinal Employee-Employer Data. Following individuals at three month intervals from their entry into the labor market, we track career patterns of job changing and the evolution of wages for up to 15 years. Following an initial period of weak attachment to both the labor force and particular employers, careers tend to stabilize in the sense of strong labor force attachment and increasing durability of jobs. During the first 10 years in the labor market, a typical young worker will work for seven employers, which accounts for about two-thirds of the total number of jobs he will hold in his career. The evolution of wages plays a key role in this transition to stable employment: we estimate that wage gains at job changes account for at least a third of early-career wage growth, and that the wage is the key determinant of job changing decisions among young workers. We conclude that the process of job changing for young workers, while apparently haphazard, is a critical component of workers' move toward the stable employment relations that characterize mature careers.read more
Citations
More filters
Journal ArticleDOI
Alternative routes from vocational education to the labour market
TL;DR: In this article, the authors investigate the labour market effects of two rather different forms of vocational education, full-time education with practice periods that have no employment status versus dualized education with an emphasis on continuous on-the-job/in-service training and employee status for the apprentice.
Dissertation
Behavioural assumptions in labour economics: Analysing social security reforms and labour market transitions
TL;DR: In this paper, the authors examined the effect of time preferences on job search behavior of the unemployed and found that the expected impact depends critically on the assumptions on time preferences, and that the theoretical impact of UAs is ambiguous rather than substantially positive.
Journal ArticleDOI
Borrowing Constraints, Occupational Choice, and Labor Supply
Dan Bernhardt,David Backus +1 more
TL;DR: This paper introduced borrowing constraints into the life-cycle theory of labor supply and showed that they account for observed profiles in consumption, earnings, and hours worked, and they can also account for differences in occupational choice across individuals who differ in initial wealth, marital status, or ability.
Journal ArticleDOI
Ban the Box, Convictions, and Public Employment
TL;DR: In this paper, the authors focus on the primary goal of BTB reform, by measuring the impact of the BTB policies on the probability of public employment for those with convictions.
Journal ArticleDOI
On‐the-Job Specific Training and Efficient Screening
TL;DR: In this article, a dynamic employment relationship with short-term incomplete contracts and typically involve on-the-job screening and firm-specific training is studied and a potential conflict between the employer's twin objectives to screen and train the worker is identified.
References
More filters
Journal ArticleDOI
Information and Consumer Behavior
TL;DR: In this article, the authors argue that consumers lack full information about the prices of goods, but their information is probably poorer about the quality variation of products simply because the latter information is more difficult to obtain.
Journal ArticleDOI
Job Matching and the Theory of Turnover
TL;DR: Turnover is generated by the existence of a nondegenerate distribution of the worker's productivity across different jobs as discussed by the authors, caused by the assumed variation in the quality of the employee-employer match.
Posted Content
Analysis of Covariance with Qualitative Data
TL;DR: In this paper, the joint maximum likelihood estimator of the structural parameters is not consistent as the number of groups increases, with a fixed number of observations per group, and a conditional likelihood function is maximized, conditional on sufficient statistics for the incidental parameters.