G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1000
DP1000 Trade Liberalization with Eastern Nations. How Sensitive?
Damien J. Neven
发表日期1994-07-31
出版年1994
语种英语
摘要Standard estimates of earnings profiles ignore the fact that, with unobserved heterogeneity, cross-section evidence need not reflect the `true' relationship between earnings and tenure. In this paper we argue that the observation of the position filled by an employee in the firm hierarchy is informative about both his/her quality and the quality of his/her match. Under certain assumptions, this information can be used to construct an unbiased estimator of the effects of tenure on earnings growth. We apply this simple idea to Japanese and UK data. We find that tenure effects on earnings are positive but smaller than the effects estimated with the traditional approach. In a comparative perspective, we also find that UK and Japanese earnings profiles are rather similar in banking and finance and remarkably different in manufacturing.
关键词Earnings Japan Senority wages Tenure Uk
URLhttps://cepr.org/publications/dp1000
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530142
推荐引用方式
GB/T 7714
Damien J. Neven. DP1000 Trade Liberalization with Eastern Nations. How Sensitive?. 1994.
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