JOB CHANGE PATTERNS AND THE WAGES OF YOUNG MEN

Authors
Citation
A. Light et K. Mcgarry, JOB CHANGE PATTERNS AND THE WAGES OF YOUNG MEN, Review of economics and statistics, 80(2), 1998, pp. 276-286
Citations number
26
Categorie Soggetti
Social Sciences, Mathematical Methods",Economics
ISSN journal
00346535
Volume
80
Issue
2
Year of publication
1998
Pages
276 - 286
Database
ISI
SICI code
0034-6535(1998)80:2<276:JCPATW>2.0.ZU;2-W
Abstract
This study uses data from the National Longitudinal Survey of Youth to distinguish empirically between mover-stayer, ''search good,'' in and which ''experience the pattern good'' of overall models job of mobili ty job mobility. affects We both estimate the level wage and models te nure slope of the log-wage path. After controlling for the correlation between mobility patterns and time-constant person-and job-specific u nobservables, we find that workers who undergo persistent mobility hav e lower log-wage paths than less mobile workers. This finding is consi stent with models in which job mobility is driven by time-varying unob servables, such as ''experience good'' models, where changes in percei ved match quality cause turnover.