Job mobility and careers in firms

suman Ghosh ()

No 4025, Working Papers from Department of Economics, College of Business, Florida Atlantic University

Abstract: This paper presents a theoretical model that combines employers learning about worker productivity, human capital acquisition, job-assignment and resolution of worker uncertainty regarding disutility of work from a job, to show how widely documented findings on both wage and promotion dynamics and turnover can be captured in a single set-up. Specifically we show how our model can capture results such as; probability of turnover decreases with labor market experience, wage changes during job changes is more in earlier periods, serial correlation in wages and probability of promotion increases in wages, amongst others.

Keywords: Turnover; Internal labor markets; Human capital (search for similar items in EconPapers)
JEL-codes: J41 J63 L22 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-bec and nep-lab
Date: 2004-11, Revised 2006-07
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Forthcoming in Labour Economics

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Related works:
Journal Article: Job mobility and careers in firms (2007)
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Persistent link: http://EconPapers.repec.org/RePEc:fal:wpaper:04025

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