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Title: Work History and Mobility
Resulting in 1 citation.
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Omori, Yoshiaki |
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Work History and Mobility Ph.D. Dissertation, State University of New York at Stony Brook, 1990 Cohort(s): NLSY79, Young Men Publisher: UMI - University Microfilms, Bell and Howell Information and Learning Keyword(s): College Graduates; Earnings; Job Tenure; Mobility; Work Experience; Work Histories Young workers are an unknown entity when they enter the job market. Information on the quality of workers gets revealed in an asymmetric fashion between the current employer and the prospective employer. Higher quality workers would gain if they could offer reliable information to employers, but they often fail because they cannot provide any evidence of their higher quality until they establish their work history. This study introduces a strategic model that focuses on this asymmetric information and the role played by the work history in information spill-over. The model offers the following set of implementations: (1) The expected hazard rate is nonincreasing in both tenure and experience. (2) Among workers who are seemingly identical to employers at the time of their market entry, the less productive ones are more likely to move. (3) Tenure and expected productivity are positively correlated among workers who are seemingly identical at the time of their market entry, holding experience constant--i.e., the oldest workers in a firm are the most productive among those who were indistinguishable at the time of their market entry. (4) The wage increases in tenure, holding experience constant. (5) Current earnings and future earnings are positively correlated across a group of individuals who are seemingly identical at the time of their market entry. (6) The variance of the earnings distribution for seemingly identical workers grows in experience first and then becomes constant with or without holding tenure constant. (7) The variance of the earnings distribution of equally productive workers who are also seemingly identical will first increase in experience and decrease later with or without holding tenure constant. Due to data constraints, the empirical study focuses on implications (5) and (6). Using data from NLSY and NLS of YoungMen, evidence consistent with these implications is found among college graduates in professional and managerial occupations. [UMI ADG90-33570] |
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Bibliography Citation
Omori, Yoshiaki. Work History and Mobility. Ph.D. Dissertation, State University of New York at Stony Brook, 1990. |