scispace - formally typeset
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

Flexible Employment, Risk and the Welfare State

Fabian Dekker
TL;DR: The social security system depends on public support in society and, in this way, is an important factor in the expansion or decline of the welfare state (Brooks and Manza, 2007; 2006; Hobolt and Klemmemsen, 2005; Burstein, 1998; Page and Shapiro, 1983) as discussed by the authors.
Journal ArticleDOI

Fluctuations in Individual Labor Income : A Panel VAR Analysis

TL;DR: In this paper, the authors used a panel vector autoregression (PVAR) model to investigate how much of the residual variation in labor income is due to residual variations in the wage rate, work hours, and unemployment hours.

Predictors of Occupational Choice among Rural Youth: Implications for Career Education and Development Programming.

TL;DR: Conroy et al. as discussed by the authors found that American adolescents often have unrealistic occupational aspirations in that the job opportunities likely to be available to them do not match their expressed interests, and that more students in high school were enrolled in college preparatory programs than were likely to go to college and were therefore unlikely to meet their educational and occupational goals.
Dissertation

La resegmentation du marché du travail japonais depuis le début des années 1990 : inégalités de sécurité de l'emploi, hétérogénéité des firmes et facteurs financiers

TL;DR: In contrast, the authors observe a montee des inegalites de securite d'emploi, principalement en relation avec la montees du chomage.
Posted Content

The anatomy of employment growth in portuguese firms

TL;DR: In Portugal, the labor market is characterized by a continuous process of job destruction and job creation, which is naturally associated with a process of workers reallocation as mentioned in this paper. But this process is characterized in each firm by the simultaneous hire and separation of workers, and to fill a job vacancy firms often resort to the hire of more than one worker.
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.
Related Papers (5)