Wage and employer changes over the life cycle
AbstractEconomists have long observed that wages alone do not fully reflect a job’s value—job “amenities” also play a role. Recent empirical studies have confirmed this observation to be the case. Researchers are also finding that workers frequently choose to take lower-paying jobs, which suggests that not only do workers care about the non-wage characteristics of a job, but also that they will change jobs throughout their lives to achieve the best mix of wages and amenities that is right (and obtainable) for them.
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Bibliographic InfoArticle provided by Federal Reserve Bank of Cleveland in its journal Economic Commentary.
Volume (Year): (2004)
Issue (Month): Apr ()
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- Jung, Philip & Kuhn, Moritz, 2012.
"Earnings losses and labor mobility over the life-cycle,"
40287, University Library of Munich, Germany.
- Philip Jung, 2013. "Earnings losses and labor mobility over the lifecycle," 2013 Meeting Papers, Society for Economic Dynamics 771, Society for Economic Dynamics.
- Jung, Philip & Kuhn, Moritz, 2012. "Earnings Losses and Labor Mobility over the Lifecycle," IZA Discussion Papers 6835, Institute for the Study of Labor (IZA).
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