Job changes and individual-job specific wage dynamics

Laura Hospido

No 907, Working Papers from Banco de España

Abstract: This paper develops an error components model that is used to examine the impact of job changes on the dynamics and variance of individual log earnings. I use data on work histories drawn from the Panel Study of Income Dynamics (PSID), that makes possible to do the distinction between voluntary an involuntary job-to-job changes. The potential endogeneity of job mobility in relation to earnings es circumvented by means of an instrument variable estimation method that also allows to control for unobserved individual-job specific heterogeneity.

Keywords: Panel data; dynamic models; individual-job specific fixed effects; job changes; individual wages (search for similar items in EconPapers)
JEL-codes: C23 J31 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2009-05
New Economics Papers: this item is included in nep-bec and nep-lab
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http://www.bde.es/f/webbde/SES/Secciones/Publicaci ... o/09/Fic/dt0907e.pdf First version, May 2009 (application/pdf)

Related works:
Working Paper: Job Changes and Individual-Job Specific Wage Dynamics (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:bde:wpaper:0907

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