haku: @indexterm WAGE DETERMINATION / yhteensä: 225
viite: 137 / 225
| Tekijä: | Brown, J. N. |
| Otsikko: | Why do wages increase with tenure? On-the-job training and life-cycle wage growth observed with firms |
| Lehti: | American Economic Review
1989 : DEC, VOL. 79:5, p. 971-991 |
| Asiasana: | PAY WAGE DETERMINATION TRAINING PRODUCTIVITY |
| Kieli: | eng |
| Tiivistelmä: | Empirical results indicate that firm-specific wage growth occurs almost exclusively during periods of on-the-job training. The comparative roles played by training and contractual factors in determining within-firm wage growth are examined. The findings suggest that within-firm wage growth is mainly determined by contemporaneous productivity growth. The results provide no evidence that contractual considerations are an important source of firm-specific wage growth. A framework for measurement is presented. The estimates are based on a sample of 5,056 observations for 995 heads of households surveyed in waves 9-17 (1976-1984) of the Michigan Panel Survey of Income Dynamics. |
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