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Author: Mukoyama, Toshihiko
Resulting in 2 citations.
1. Baydur, Ismail
Mukoyama, Toshihiko
Job Duration and Match Characteristics over the Business Cycle
Review of Economic Dynamics published online (4 February 2020): DOI: 10.1016/j.red.2020.01.003.
Also: https://www.sciencedirect.com/science/article/pii/S1094202520300053
Cohort(s): NLSY79
Publisher: Elsevier
Keyword(s): Job Tenure; Labor Turnover; Modeling, Hazard/Event History/Survival/Duration; Unemployment

This paper studies the cyclical behavior of job separation and the characteristics of matches between workers and jobs. We estimate a proportional hazard model with competing risks, distinguishing between different types of separations. A higher unemployment rate at the start of an employment relationship increases the probability of job-to-job transitions, whereas its effect on employment-to-unemployment transitions is negative. We then build a simple job-ladder model to interpret our empirical results. A model with two-dimensional heterogeneity in match (job) characteristics has the same qualitative features as the data. Once the model is calibrated to include cyclicality in the offered match characteristics, it can fit the quantitative features of the data.
Bibliography Citation
Baydur, Ismail and Toshihiko Mukoyama. "Job Duration and Match Characteristics over the Business Cycle." Review of Economic Dynamics published online (4 February 2020): DOI: 10.1016/j.red.2020.01.003.
2. Mukoyama, Toshihiko
Zhang, Gang
Jobs Before College Completion and Career Building of Young Workers Through Job Switching
Macroeconomic Dynamics 23 (2019): 2892-2940.
Also: https://doi:10.1017/S1365100517000992
Cohort(s): NLSY79
Publisher: Cambridge University Press
Keyword(s): College Graduates; Employment, In-School; Occupations; Wage Growth

Permission to reprint the abstract has not been received from the publisher.

We analyze job switching and wage growth of young workers, separately considering the jobs experienced by workers before and after college completion. These two groups of jobs consist of very different occupational compositions. Workers with many jobs before college completion (JBCC) and with little or no job experiences before college completion have similar subsequent wage paths. These facts can be interpreted that JBCC contribute less to career building compared to the ones after college completion. If we disregard all JBCC, the number of jobs that are experienced by workers before age 35 are about three jobs fewer than the total number of jobs.
Bibliography Citation
Mukoyama, Toshihiko and Gang Zhang. "Jobs Before College Completion and Career Building of Young Workers Through Job Switching." Macroeconomic Dynamics 23 (2019): 2892-2940.