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Job Turnover and the Returns to Seniority

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Author Info
Benoit Dostie

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Abstract

In this paper, we match firm data to individual work history files in order to simultaneously estimate the wage and employment duration processes of a longitudinal sample of two million French workers employed in roughly one million firms and followed over twenty years. The particular structure of the data set allows us to distinguish between the impact of job search and labor demand indicators on wages and employment at the job level. The model allows for correlated individual and job unobserved heterogeneity. Controlling for job matching, we find that returns to seniority are close to zero

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Publisher Info
Paper provided by Econometric Society in its series Econometric Society 2004 North American Winter Meetings with number 127.

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Date of creation: 11 Aug 2004
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Handle: RePEc:ecm:nawm04:127

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Related research
Keywords: Endogeneity Job duration Wage determination Unobserved heterogeneity Labor demand Maximum likelihood.

Other versions of this item:

Find related papers by JEL classification:
C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data
J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts

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  1. Boockmann, Bernhard & Steffes, Susanne, 2007. "Seniority and Job Stability: A Quantile Regression Approach Using Matched Employer-Employee Data," ZEW Discussion Papers 07-014, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
  2. Kyoji Fukao & Ryo Kambayashi & Daiji Kawaguchi & Hyeog Ug Kwon & Young Gak Kim & Izumi Yokoyama, 2006. "Deferred Compensation: Evidence from Employer-Employee Matched Data from Japan," Hi-Stat Discussion Paper Series d06-187, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
  3. Woodcock, Simon, 2006. "Match Effects," MPRA Paper 154, University Library of Munich, Germany. [Downloadable!]
    Other versions:
  4. Xiaolin Xing & Zhenlin Yang, 2005. "Determinants of Job Turnover Intentions: Evidence from Singapore," SCAPE Policy Research Working Paper Series 0515, National University of Singapore, Department of Economics, SCAPE. [Downloadable!]
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