Earnings Functions, Specific Human Capital, and Job Matching: Tenure Bias Is Negative
AbstractThis article investigates the hypothesis that when measures of specific human capital (such as job tenure) are included in earnings functions, there may be a sample selection bias because of job-matching effectsbecause workers with high unobserved match quality receive and accept high wage offers. We develop a model for wage offers in a labor market characterized by both specific human capital and job matching. The model provides a theoretical basis for empirical earnings functions containing specific capital, and it demonstrates that sample selection bias reduces the estimated return to specific human capital and tenure.
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 University of Chicago Press in its journal Journal of Labor Economics.
Volume (Year): 21 (2003)
Issue (Month): 4 (October)
Contact details of provider:
Web page: http://www.journals.uchicago.edu/JOLE/
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Connolly, Sara & Gregory, Mary, 2007.
"Part-time Employment Can Be a Life-time Setback for Earnings: A Study of British Women 1975–2001,"
IZA Discussion Papers
3101, Institute for the Study of Labor (IZA).
- Mary Gregory & Sara Connolly, 2007. "Part-time Employment Can Be a Life-time Setback for Earnings: A Study of British Women 1975-2001," Economics Series Working Papers 358, University of Oxford, Department of Economics.
- Roy Cerqueti & Raffaella Coppier, 2009.
"Economic growth, corruption and tax evasion,"
58-2009, Macerata University, Department of Finance and Economic Sciences, revised Jan 2010.
- Cerqueti, Roy & Coppier, Raffaella, 2011. "Economic growth, corruption and tax evasion," Economic Modelling, Elsevier, vol. 28(1), pages 489-500.
- Cerqueti, Roy & Coppier, Raffaella, 2011. "Economic growth, corruption and tax evasion," Economic Modelling, Elsevier, vol. 28(1-2), pages 489-500, January.
- Tim Barmby & Alex Bryson & Barbara Eberth, 2012.
"Human Capital, Matching and Job Satisfaction,"
CEP Discussion Papers
dp1151, Centre for Economic Performance, LSE.
- Sabrina Di Addario & Eleonora Patacchini, 2006. "Is there an urban wage premium in Italy?," Temi di discussione (Economic working papers) 570, Bank of Italy, Economic Research and International Relations Area.
- Di Addario, Sabrina & Patacchini, Eleonora, 2008.
"Wages and the City. Evidence from Italy,"
Elsevier, vol. 15(5), pages 1040-1061, October.
- Sabrina Di Addario & Eleonora Patacchini, 2005. "Wages and the City. The Italian case," Economics Series Working Papers 243, University of Oxford, Department of Economics.
- Ham, Roger & Junankar, Pramod N. (Raja) & Wells, Robert, 2009. "Occupational Choice: Personality Matters," IZA Discussion Papers 4105, Institute for the Study of Labor (IZA).
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Journals Division).
If references are entirely missing, you can add them using this form.