Worker turnover and job matching--Implications for estimating the returns to tenure

Tim Barmby () and Barbara Eberth

Economics Letters, 2008, vol. 101, issue 2, 137-139

Abstract: This paper replicates Medoff and Abraham's [Medoff, J. and Abraham, K., 1980. Experience, performance, and earnings. Quarterly Journal of Economics 95, 703-736.] results where the introduction of performance ratings into an earnings equation doesn't reduce the coefficient on tenure. M&A interpret this as being worrying for Human Capital Theory. We offer an interpretation where it isn't.

Keywords: Specific; human; capital; Job; matching; Productivity (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165-1765(08)00193-6
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:101:y:2008:i:2:p:137-139

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().