Encontrados 2 documentos, a visualizar página 1 de 1
Returns to tenure or seniority?
Buhai, Sebastian; Portela, Miguel; Teulings, Coen; Vuuren, Aico vanThis study documents two empirical facts using matched employer-employee data for Denmark and Portugal. First, workers who are hired last, are the first to leave the firm. Second, workers' wages rise with seniority, where seniority is defined as a worker's tenure relative to the tenure of his colleagues. Controlling for tenure, the probability of a worker leaving the firm decreases with seniority. The increase...
Returns to tenure or seniority?
Buhai, Sebastian; Portela, Miguel; Teulings, Coen; Vuuren, Aico vanThis study documents two empirical regularities, using data for Denmark and Portugal. First, workers who are hired last, are the first to leave the firm (Last In, First Out; LIFO). Second, workers’ wages rise with seniority (= a worker’s tenure relative to the tenure of her colleagues). We seek to explain these regularities by developing a dynamic model of the firm with stochastic product demand and hiring cost...
| Financiadores do RCAAP | |||||||
|
|
|
|
|
|
||