Job mobility and careers in firms
Abstract
This paper presents a theoretical model that combines employers learning about worker productivity, human capital acquisition, job-assignment and resolution of worker uncertainty regarding disutility of work from a job, to show how widely documented findings on both wage and promotion dynamics and turnover can be captured in a single set-up. Specifically we show how our model can capture results such as; probability of turnover decreases with labor market experience, wage changes during job changes is more in earlier periods, serial correlation in wages and probability of promotion increases in wages, amongst others.(This abstract was borrowed from another version of this item.)
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Bibliographic Info
Article provided by Elsevier in its journal Labour Economics.
Volume (Year): 14 (2007)
Issue (Month): 3 (June)
Pages: 603-621
Contact details of provider:
Web page: http://www.elsevier.com/locate/labeco
Related research
Keywords:Other versions of this item:
- Suman Ghosh, 2004. "Job mobility and careers in firms," Working Papers 04025, Department of Economics, College of Business, Florida Atlantic University, revised Jul 2006.
- J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
- J63 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Turnover; Vacancies; Layoffs
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Robert Gibbons & Michael Waldman, 2003.
"Enriching a Theory of Wage and Promotion Dynamics Inside Firms,"
NBER Working Papers
9849, National Bureau of Economic Research, Inc.
- Robert Gibbons & Michael Waldman, 2006. "Enriching a Theory of Wage and Promotion Dynamics inside Firms," Journal of Labor Economics, University of Chicago Press, vol. 24(1), pages 59-108, January.
- Gibbons, Robert & Waldman, Michael, 2003. "Enriching a Theory of Wage and Promotion Dynamics Inside Firms," Working papers 4324-03, Massachusetts Institute of Technology (MIT), Sloan School of Management.
- Silva, António Dias da & van der Klaauw, Bas, 2006.
"Wage Dynamics and Promotions Inside and Between Firms,"
IZA Discussion Papers
2351, Institute for the Study of Labor (IZA).
- Bas Klaauw & António Dias da Silva, 2011. "Wage dynamics and promotions inside and between firms," Journal of Population Economics, Springer, vol. 24(4), pages 1513-1548, October.
- Antonio Dias da Silva & Bas van der Klaauw, 2006. "Wage Dynamics and Promotions inside and between Firms," Tinbergen Institute Discussion Papers 06-084/3, Tinbergen Institute.
- Waldman, Michael, 2007. "Theory and evidence in internal labor markets," MPRA Paper 5113, University Library of Munich, Germany.
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