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Length of Service and the Operation of Internal Labor Markets

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Author Info
Katharine G. Abraham
James L. Medoff

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Abstract

This paper presents a summary of the evidence which has recently been collected concerning the role of length of service in the operation of internal labor markets. It argues that these data are inconsistent with the human capital model of the experience-earnings and experience-layoff relationships. The paper concludes by asserting that if we are ever to fully understand the role of service, newdata are needed.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 1085.

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Date of creation: Mar 1983
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Handle: RePEc:nbr:nberwo:1085

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  1. Morley Gunderson & James E. Pesando, 1988. "The Case for Allowing Mandatory Retirement," Canadian Public Policy, University of Toronto Press, vol. 14(1), pages 32-39, March. [Downloadable!] (restricted)
  2. Katharine G. Abraham & Henry S. Farber, 1987. "Job Duration, Seniority, and Earnings," NBER Working Papers 1819, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  3. John Knight & Linda Y. Yueh, 2002. "The Role of Social Capital in the Labour Market in China," Economics Series Working Papers 121, University of Oxford, Department of Economics. [Downloadable!]
    Other versions:
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