The Effects of Labor Market Experience, Job Seniority, and Job Mobility on Wage Growth

Altonji, Joseph G.; Williams, Norman E.

doi:10.3386/w4133

Cited by 63 publications

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“…Recent papers by Altonji and Williams (1992), Brown (1989), Brown and Light (1992), Farber (1995), Hutchens (1989), Ruhm (1990), and Topel (1991) demonstrate that there are no final answers on this issue. Here we have been able to include information on mobile and immobile workers with the finding that there is not much evidence for firm-specific tenure effects.…”

Section: Discussionmentioning

confidence: 99%

German Job Mobility and Wages

Zimmermann¹

1998

Internal Labour Markets, Incentives and Employment

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in German Job Mobility and WagesKlaus F. Zimmermann The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent, nonprofit limited liability company (Gesellschaft mit beschränkter Haftung) supported by the Deutsche Post AG. The center is associated with the University of Bonn and offers a stimulating research environment through its research networks, research support, and visitors and doctoral programs. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. The current research program deals with (1) mobility and flexibility of labor markets, (2) internationalization of labor markets and European integration, (3) the welfare state and labor markets, (4) labor markets in transition, (5) the future of work, and (6) general labor economics. D I S C U S S I O N P A P E R S E R I E SIZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character.IZA Discussion Paper No.4 April 1998 ABSTRACTGerman Job Mobility and Wages* The paper investigates the relative importance of job mobility for wages in comparison with the human capital framework and the industry approach. Using German panel data, changes of workplaces within the firm as well as between the firms are carefully separated from occupational changes. Results suggest: Germans are much more flexible than is generally conjectured. The internal labor market is more important than the external labor market. The job approach is the most relevant framework. Firm tenure is no relevant determinant of earnings. Past mobility and sectoral and regional factors determine individual mobility.JEL Classification: J31, J62

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Section: Discussionmentioning

confidence: 99%

German Job Mobility and Wages

Zimmermann¹

1998

Internal Labour Markets, Incentives and Employment

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“…2 I therefore begin with a quick overview of record statistics. More comprehensive reviews are available in Arnold, Balakrishnan, and Nagaraja (1992Nagaraja ( , 1998) and Nevzorov and Balakrishnan (1998).…”

Section: Record Statisticsmentioning

confidence: 99%

“…The numbers below the coefficient denote robust standard errors. The F -statistics in the bottom panel are the robust Waldstatistics that test constraints on the coefficients on the dummy variables in column (2). The exponential case compares column (2) to column (1), while the normal case involves an alternative set of linear restrictions on the coefficients on the dummy variables.…”

Section: Appendixmentioning

confidence: 99%

Estimating Models of On-the-Job Search Using Record Statistics

Barlevy

2003

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“…As our data is confined on workers with firm tenure less than one and half years, therefore positive and significant effect of firm tenure is likely to reflect the job-related skill effect as pointed out by Altonji and Shakotko (1987) and Altonji and Williams (1992).…”

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confidence: 87%

Industry-specific human capital and the wage profile: Evidence from Taiwan

Chuang

Lee

2004

Rev. World Econ.

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Using data from Taiwan's Manpower Utilization Survey (1979Survey ( -1999, this paper finds evidence that supports the industry-specific human capital effect on wage tenure profiles. We examine data on people who voluntarily or involuntarily change job within or across industries last year. Pre-switching work experience is used as an indirect measure for testing the industry-specific human capital by comparing the effect between stayers and movers. Other things being equal, holding firm tenure constant movers actually incur wage loss, measured by the wage premium of the work experience. However, the greater than average firm tenure effect, especially for movers in the voluntary group, reflects an underlying job-related matching process.It is mainly for this gain from better job match that overcomes the wage loss that stimulates cross-industry job change. We also find that the effect of general work experience declines with education, while the effect of industry-specific human capital increases with education. The experience of Taiwan's labor market confirms the existence of industry-specific human capital, and the rapid voluntary job switching across industries is consistent with the search theory of job match.

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The Effects of Labor Market Experience, Job Seniority, and Job Mobility on Wage Growth

Cited by 63 publications

References 0 publications

German Job Mobility and Wages

German Job Mobility and Wages

Estimating Models of On-the-Job Search Using Record Statistics

Industry-specific human capital and the wage profile: Evidence from Taiwan

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