Job Turnover Heterogeneity and Person-Job-Specific Time-Series Wages
AbstractThis paper introduces and tests for the endogeneity of job tenure and number of jobs in the wage equation using panel data uniquely suited for that purpose -- the National Longitudinal Survey of Youth (NLSY). The model is multi-level in that there is wage dynamics -- random intercept, random growth path and autocorrelated transitory variation -- at the person-career level and at the job-specific level. The NLSY wage data is unique in that wage values are associated with a specific job (employer) and thus can be used to form a (monthly) time series of job-specific wages. The resulting job-specific time series of wages includes a variable number of unequally spaced points in time and has more missing values than complete data points from beginning to end. The multiple job-specific time series for a person may overlap in time so that the person-specific time series may include multiple wages at any given survey date. The data is also unique in that the begin and end dates of all jobs are available over the person's career so that precise measures of number of jobs and of months of work experience and tenure on the job may be constructed as of the date of each reported wage value. This data also allows the modeling of job turnover and job duration in continuous time jointly with the wage time series for that job. The model is designed to test the exogeneity of number of jobs held and of job tenure in the wage equation.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by ENSAE in its journal Annals of Economics and Statistics.
Volume (Year): (1999)
Issue (Month): 55-56 ()
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Woodcock Simon D, 2010.
"Heterogeneity and Learning in Labor Markets,"
The B.E. Journal of Economic Analysis & Policy,
De Gruyter, vol. 10(1), pages 1-69, September.
- Sullivan, Paul, 2006.
"Empirical Evidence on Occupation and Industry Specific Human Capital,"
863, University Library of Munich, Germany.
- Sullivan, Paul, 2010. "Empirical evidence on occupation and industry specific human capital," Labour Economics, Elsevier, vol. 17(3), pages 567-580, June.
- Martha Harrison Stinson, 2002. "Estimating the Relationship between Employer-Provided Health Insurance, Worker Mobility, and Wages," 10th International Conference on Panel Data, Berlin, July 5-6, 2002 B1-2, International Conferences on Panel Data.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Robert Gary-Bobo).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.