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Seniority and Job Stability: A Quantile Regression Approach Using Matched Employer-Employee Data Author info | Abstract | Publisher info | Download info | Related research | Statistics Boockmann, Bernhard
Steffes, Susanne
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Job mobility and employment durations can be explained by different theoretical approaches, such as job matching or human capital theory or dual labor market approaches. These models may, however, apply to different degrees at different durations in the employment spell. Standard empirical techniques, such as hazard rate analysis, cannot deal with this problem. In this paper, we apply censored quantile regression techniques to estimate employment durations of male workers in Germany. Our results give some support to the job matching model: individuals with a high risk of being bad matches exhibit higher exit rates initially, but the effect fades out over time. By contrast, the influence of human capital variables such as education and further training decreases with employment duration, which is inconsistent with the notion of increasing match-specific rents due to human capital accumulation. The results also suggest that the effects of certain labor market institutions, such as works councils, differ markedly between short-term and long-term employment, supporting the view that institutions give rise to dual labor markets.
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Paper provided by ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research in its series ZEW Discussion Papers with number
07-014.
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Date of creation: 2007Date of revision:
Handle: RePEc:zbw:zewdip:5502Contact details of provider: Postal: L 7,1; D - 68161 Mannheim Phone: +49/621/1235-01 Fax: +49/621/1235-224 Email: Web page: http://www.zew.de/ More information through EDIRC
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Keywords: Job Durations Mobility Matching Human Capital Quantile Regression Other versions of this item:
Find related papers by JEL classification: C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis J62 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Job, Occupational and Intergenerational Mobility; Promotion J63 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Turnover; Vacancies; Layoffs
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References listed on IDEAS Please 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.: Alison L. Booth & Marco Francesconi & Carlos Garcia-Serrano, 1999.
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