Abstract:
Personnel records are used to examine compensation, recruitment, and retention of a group of highly skilled workers: civilian scientists and engineers in U.S. Department of Defense laboratories. In contrast to those of the private sector, returns to skills were largely flat for this group from 1982 to 1996. Despite this, quality and performance of recruits relative to earlier cohorts, and of those retained relative to those who left, remained stable. One explanation is the importance of defense industry--specific human capital. These results hold for three different pay plans, including the federal government's primary plan and two intended to introduce greater flexibility in personnel management. (JEL J31, J44, J45, M52) Copyright 2006, Oxford University Press.
JEL-codes:J31J44J45M52 (search for similar items in EconPapers) Date: 2006
More articles in Economic Inquiry from Oxford University Press Address: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK Series data maintained by Christopher F. Baum ().
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