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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w30342 |
来源ID | Working Paper 30342 |
How Worker Productivity and Wages Grow with Tenure and Experience: The Firm Perspective | |
Andrew Caplin; Minjoon Lee; Søren Leth-Petersen; Johan Saeverud; Matthew D. Shapiro | |
发表日期 | 2022-08-15 |
出版年 | 2022 |
语种 | 英语 |
摘要 | How worker productivity evolves with tenure and experience is central to economics, shaping, for example, life-cycle earnings and the losses from involuntary job separation. Yet, worker-level productivity is hard to identify from observational data. This paper introduces direct measurement of worker productivity in a firm survey designed to separate the role of on-the-job tenure from total experience in determining productivity growth. Several findings emerge concerning the initial period on the job. (1) On-the-job productivity growth exceeds wage growth, consistent with wages not being allocative period-by-period. (2) Previous experience is a substitute, but a far less than perfect one, for on-the-job tenure. (3) There is substantial heterogeneity across jobs in the extent to which previous experience substitutes for tenure. The survey makes use of administrative data to construct a representative sample of firms, check for selective non-response, validate survey measures with administrative measures, and calibrate parameters not measured in the survey. |
主题 | Labor Economics ; Labor Supply and Demand ; Labor Compensation |
URL | https://www.nber.org/papers/w30342 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/588015 |
推荐引用方式 GB/T 7714 | Andrew Caplin,Minjoon Lee,Søren Leth-Petersen,et al. How Worker Productivity and Wages Grow with Tenure and Experience: The Firm Perspective. 2022. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w30342.pdf(729KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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