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Money and rank in the labor market

Author

Listed:
  • Cardoso, Ana Rute

Abstract

We analyze the gains/losses in wage and in rank position for workers switching firm. Voluntary movers enjoy a wage premium relative to stayers, but that premium declines with rank inside the new firm, indicating that movers are trading-off money and rank.

Suggested Citation

  • Cardoso, Ana Rute, 2012. "Money and rank in the labor market," Economics Letters, Elsevier, vol. 115(2), pages 325-328.
  • Handle: RePEc:eee:ecolet:v:115:y:2012:i:2:p:325-328
    DOI: 10.1016/j.econlet.2011.12.025
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    References listed on IDEAS

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    1. Timothy Besley & Maitreesh Ghatak, 2008. "Status Incentives," American Economic Review, American Economic Association, vol. 98(2), pages 206-211, May.
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    More about this item

    Keywords

    Wage structure; Job movers; Linked employer–employee data;

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion

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