Wage Growth and Job Mobility in the Early Career

Wage Growth and Job Mobility in the Early Career PDF Author: Philippe Belley
Publisher:
ISBN:
Category :
Languages : en
Pages : 36

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Book Description
The paper focuses on the early career patterns of young male and female workers. It investigates potential dynamic links between statistical discrimination, mobility, tenure and wage profiles. The model assumes that it is more costly for an employer to assess female workers' productivity and that the noise/signal ratio tapers off more rapidly for male workers. These two assumptions yield numerous theoretical predictions pertaining to gender wage gaps. These predictions are tested using data from the 1979 cohort of the National Longitudinal Survey of Youth. As predicted by our statistical discrimination model, we find that men and women have the same wage at the start of their career, but that female wages grow at a slower rate, creating a gender wage gap. Also consistent with our model, we find that mean wages are higher for workers who keep their job, while wage growth is stronger for workers who change job.

Wage Growth and Job Mobility in the Early Career

Wage Growth and Job Mobility in the Early Career PDF Author: Philippe Belley
Publisher:
ISBN:
Category :
Languages : en
Pages : 36

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Book Description
The paper focuses on the early career patterns of young male and female workers. It investigates potential dynamic links between statistical discrimination, mobility, tenure and wage profiles. The model assumes that it is more costly for an employer to assess female workers' productivity and that the noise/signal ratio tapers off more rapidly for male workers. These two assumptions yield numerous theoretical predictions pertaining to gender wage gaps. These predictions are tested using data from the 1979 cohort of the National Longitudinal Survey of Youth. As predicted by our statistical discrimination model, we find that men and women have the same wage at the start of their career, but that female wages grow at a slower rate, creating a gender wage gap. Also consistent with our model, we find that mean wages are higher for workers who keep their job, while wage growth is stronger for workers who change job.

Risk Attitudes, Job Mobility and Subsequent Wage Growth During the Early Career

Risk Attitudes, Job Mobility and Subsequent Wage Growth During the Early Career PDF Author: Bethlehem A. Argaw
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Gender Differences in Early Career Job Mobility and Wage Growth in Canada

Gender Differences in Early Career Job Mobility and Wage Growth in Canada PDF Author: Zechuan Deng
Publisher:
ISBN:
Category : Occupational mobility
Languages : en
Pages : 12

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Book Description


Job Mobility and the Careers of Young Men

Job Mobility and the Careers of Young Men PDF Author: Robert H. Topel
Publisher:
ISBN:
Category : Men
Languages : en
Pages : 36

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Book Description
We study the joint processes of job mobility and wage growth among young men drawn from the Longitudinal Employee-Employer Data. Following individuals at three month intervals from their entry into the labor market, we track career patterns of job changing and the evolution of wages for up to 15 years. Following an initial period of weak attachment to both the labor force and particular employers, careers tend to stabilize in the sense of strong labor force attachment and increasing durability of jobs. During the first 10 years in the labor market, a typical young worker will work for seven employers, which accounts for about two-thirds of the total number of jobs he will hold in his career. The evolution of wages plays a key role in this transition to stable employment: we estimate that wage gains at job changes account for at least a third of early-career wage growth, and that the wage is the key determinant of job changing decisions among young workers. We conclude that the process of job changing for young workers, while apparently haphazard, is a critical component of workers' move toward the stable employment relations that characterize mature careers

The Gender Gap in Early Career Wage Growth

The Gender Gap in Early Career Wage Growth PDF Author: Abdulaziz Reshid
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
During the first 10 years in the Swedish labor market, male university graduates experience a faster wage growth than females. We investigate the role job and upward occupational mobility have for the creation of gender difference in early career wage growth; and the role of motherhood as an underlying mechanism. We find that although men and women change jobs and occupations at the same rate, women receive a significantly lower wage returns to mobility than men. We find evidence that women's lower return to occupational mobility is largely explained by motherhood, while the evidence for job mobility is rather weak.

Wage, Growth, Search and Experience

Wage, Growth, Search and Experience PDF Author: Valeriu Altai Omer
Publisher:
ISBN:
Category :
Languages : en
Pages : 192

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Does Changing Jobs Pay Off? The Relationship Between Job Mobility and Wages

Does Changing Jobs Pay Off? The Relationship Between Job Mobility and Wages PDF Author: Amanda Jeanette Huffman
Publisher:
ISBN:
Category : Labor economics
Languages : en
Pages : 94

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Book Description
Recent academic studies reveal a pronounced trend of increasing income inequality in the United States. For those policymakers concerned with increasing income inequality, wage inequality is a logical policy focus. Wage inequality analyses often focus on demographic characteristics or education; however, a more subtle consideration is job mobility, i.e., the movement of an individual from job to job throughout his career. To the extent that particular job mobility patterns are associated with higher wages, unequal opportunity for workers either to make job changes or to remain in their current jobs can contribute to wage inequality in general. In this study, I focus on the relationship between job mobility and wages in order to understand which job mobility levels are associated with the highest wages for workers at different stages of their careers. Existing academic literature suggests that job mobility is associated with positive wage returns for workers early in their careers, but that the effect diminishes as workers gain experience and positive wage returns to job tenure grow stronger. These findings indicate that the relationships between job mobility, tenure, and wages may depend upon experience. Specifically, I hypothesize that high voluntary job mobility is associated with positive wage returns for low experience workers, while high tenure is associated with positive wage gains for high experience workers. To explore these relationships, I run several regression models that control for person and year fixed effects and a variety of time-varying control variables. I find evidence of positive wage returns associated with high voluntary job mobility, which appear to diminish as workers gain experience. I also find that high tenure is positively associated with higher wages for both low and high experience workers, not just for those workers with high work experience. In terms of policy implications, these findings broadly indicate that some work patterns could result in higher average wages than others, and that a diverse portfolio of labor policies may, therefore, stand to benefit workers who are just beginning their careers, whereas policies that foster increased tenure may create the greatest opportunity for wage growth among workers later in their careers.

Career Choice, Wage Growth and Job Mobility

Career Choice, Wage Growth and Job Mobility PDF Author: Ronni Pavan
Publisher:
ISBN:
Category : Occupational mobility
Languages : en
Pages : 242

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Gender Differences in Early Career Job Mobility and Wage Growth in Canada

Gender Differences in Early Career Job Mobility and Wage Growth in Canada PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
'This insights article discusses the main differences by gender in early career job mobility for young workers in Canada, and the potential impact of these differences on wage growth over the first 10 years of a worker's career. The study is based on two data sources that can inform researchers on differences by gender in early career job mobility for young workers and the associated impact on wage growth. The population of interest for this study consists of employed individuals aged 25 to 34 in 2005 since individuals within this age group are more likely to be out of school and working full-time'--Abstract, page 1.

Job Mobility, Gender Composition, and Wage Growth

Job Mobility, Gender Composition, and Wage Growth PDF Author: Youngjoon Bae
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
To explain the gender wage growth gap, sociologists tend to focus on gender segregation among/within jobs whereas economists put emphasis on individual job mobility. This study adopted a concept combining both segregation and mobility. The concept helps to take the gender segregation before and after job mobility into account to strictly measure the mechanisms of wage growth. For analysis, this study used 6-year personnel data of a firm, which allows researchers to track employees' job mobility, wages, and job information at the most accurate level. The concept of combining segregation and mobility was operated through the gender composition of jobs and employee job change, which generated ten patterns. Among them, the following six were focused: staying in male or female jobs, movement between male or female jobs, and movement toward male or female jobs. While controlling wages at prior jobs, the multilevel model analysis shows that the wage growth rates in the six mobility patterns were stratified as follows: mobility between male jobs, stay in male jobs, mobility toward male jobs, mobility toward female jobs, mobility between female jobs, and stay in female jobs. This hierarchy system in the organization reveals two features: first, men's job-related mobility or stay compensated more steeply than women's job-related mobility or stay. Second, within each gender category of jobs, the mobility provided higher wage growth than stay. In sum, the gender category of jobs proceeded job mobility in terms of wage growth. Interestingly, when paying attention to the higher wage growth of 'mobility toward female jobs' than 'mobility between female jobs', this implies that the former occurred in movement from lower-level male jobs to higher-level female jobs, particularly higher than female jobs involved in the latter mobility. In view of gender regarding job mobility patterns, women and men typically did not experience differentiated salary growth. The categories of job mobility used in this paper provide a new and integrated insight for scholars who study gender segregation and job mobility, especially in view of an organization.