Tenure, Wage Profiles and Monitoring

John Sessions () and Nikolaos Theodoropoulos

No 27/09, Department of Economics Working Papers from University of Bath, Department of Economics

Abstract: We undertake the first empirical investigation of the relationship between the slope of the wagetenure profile and the level of monitoring. On the assumption that firms strive for the optimal trade-off between these various instruments, we hypothesise that increased monitoring leads to a decline in the slope of the wagetenure profile. Our empirical analysis, using two cross sections of matched employer-employee British data, provides robust support for this prediction.

Keywords: efficiency wages; tenure; monitoring (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-bec and nep-lab
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Related works:
Chapter: Tenure, Wage Profiles and Monitoring (2014)
Working Paper: Tenure, Wage Profiles and Monitoring (2009)
Working Paper: Tenure, Wage Profiles and Monitoring (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:eid:wpaper:17071

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