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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w1616 |
来源ID | Working Paper 1616 |
Do Wages Rise With Job Seniority? | |
Joseph G. Altonji; Robert A. Shakotko | |
发表日期 | 1985-05-01 |
出版年 | 1985 |
语种 | 英语 |
摘要 | The extent to which wages rise with the accumulation of seniority(tenure) in a firm after one controls for total labor market experience is a fundamental question about the structure of earnings. A variety of studies have found a large, positive partial effect of tenure on wages. This paper re-examines the evidence using a simple instrumental variables scheme to deal with well known estimation biases which arise from the fact that tenure is likely to be related to unobserved individual and job characteristics affecting the wage. We use the variation of tenure over a given job match as the principal instrumental variable for tenure. The variation intenure over the job, in contrast to variation in tenure across individuals and jobs, is uncorrelated by construction with the fixed individual specific and job match specific components of the error term of the wage equation. Our main findingis that the partial effect of tenure on wages is small, and that general labor market experience and job shopping in the labor market account for most wage growth over a career. The strong cross section relationship between tenure and wages is due primarily to heterogeneity bias. |
URL | https://www.nber.org/papers/w1616 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/558858 |
推荐引用方式 GB/T 7714 | Joseph G. Altonji,Robert A. Shakotko. Do Wages Rise With Job Seniority?. 1985. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w1616.pdf(696KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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