Length of Service and the Operation of Internal Labor Markets

Katharine Abraham () and James L. Medoff

No 1085, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper presents a summary of the evidence which has recently been collected concerning the role of length of service in the operation of internal labor markets. It argues that these data are inconsistent with the human capital model of the experience-earnings and experience-layoff relationships. The paper concludes by asserting that if we are ever to fully understand the role of service, newdata are needed.

Date: 1983-03
Note: LS
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Published as Proceedings of the 35th Annual Meeting, December 28-30, 1982, Industrial Relations Research Association, pp. 208-218.

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