| Tekijä: | Altonji, J. G. Shakotko, R. A. |
| Otsikko: | Do wages rise with job seniority? (!Tenure) |
| Lehti: | Review of Economic Studies
1987 : JUL, VOL. 54:179, p. 437-459 |
| Asiasana: | PAY |
| Kieli: | eng |
| Tiivistelmä: | The effect of job seniority /tenure/ on wages is re-examined using a simple instrumental variables scheme to deal with the fact that tenure is likely to be related to unobserved individual and job characteristics that affect the wage. The variation in tenure over a given job match is used as a principal instrumental variable for tenure. The variation in tenure over the job is uncorrelated by construction with the fixed individual and job match specific components of the error term of the wage equation. The findings are presented in details. |
SCIMA