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Title: Job Change Patterns and the Wages of Young Men
Resulting in 1 citation.
1. Light, Audrey L.
McGarry, Kathleen
Job Change Patterns and the Wages of Young Men
The Review of Economics and Statistics 80,2 (May 1998): 276-286.
Also: http://www.jstor.org/stable/2646638
Cohort(s): NLSY79
Publisher: Harvard University Press
Keyword(s): Job Tenure; Job Turnover; Mobility; Modeling; Wage Models

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

This study uses data from the National Longitudinal Survey of Youth to distinguish empirically between mover-stayer, "search good," and "experience good" models of job mobility. We estimate wage models in which the pattern of overall job mobility affects both the level and tenure slope of the log-wage path. After controlling for the correlation between mobility patterns and time-constant person- and job-specific unobservables, we find that workers who undergo persistent mobility have lower log-wage paths than less mobile workers. This finding is consistent with models in which job mobility is driven by time-varying unobservables, such as "experience good" models, where changes in perceived match quality cause turnover. Copyright 1998, President and Fellows of Harvard College and the MIT.
Bibliography Citation
Light, Audrey L. and Kathleen McGarry. "Job Change Patterns and the Wages of Young Men." The Review of Economics and Statistics 80,2 (May 1998): 276-286.