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Title: Job Shopping and the Wage Growth of Young Men
Resulting in 1 citation.
1. Light, Audrey L.
Job Shopping and the Wage Growth of Young Men
Ph.D. Dissertation, University of California - Los Angeles, 1987
Cohort(s): Young Men
Publisher: UMI - University Microfilms, Bell and Howell Information and Learning
Keyword(s): Job Search; Job Tenure; Mobility; Mobility, Occupational; Wage Growth; Wage Levels; Wages, Young Men

This study examines job mobility and wage growth in a sample drawn from the NLS of Young Men. The early career is highlighted because most young workers undergo rapid turnover and enjoy substantial wage growth as they shop for a good match. The objectives are: (1) to describe the labor force activities of young men; (2) to determine whether job-specific investments are undertaken during the early career and, if so, whether they increase in match quality; and (3) to compare within-job and between-job wage growth. Recognition that match quality depends on both wage levels and wage growth distinguishes this study from previous work. A job shopping model incorporates this broad view of match quality and yields the implication that within-job wage growth--to the extent that it reflects investment in job-specific human capital--is an outcome of job shopping. The model justifies the fact that job changers may accept a wage cut in exchange for increased wage growth. Apparently, jobs become more valuable as tenure increases because specific investments are undertaken. The hazard also decreases in the current wage, but increases in wage growth. This suggests that workers with high wage growth receive extremely attractive job offers.
Bibliography Citation
Light, Audrey L. Job Shopping and the Wage Growth of Young Men. Ph.D. Dissertation, University of California - Los Angeles, 1987.