Job Duration, Seniority, and Earnings (Classic Reprint)

Download or read book Job Duration, Seniority, and Earnings (Classic Reprint) written by Katharine Abraham and published by Forgotten Books. This book was released on 2018-02-21 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Job Duration, Seniority, and Earnings An important stylized fact of the labor market is that workers with longer seniority have higher earnings even after controlling for total labor market experience. The empirical support for this stylized fact is that standard earnings functions estimated using cross-section data produce significant positive seniority coefficients even when a measure of total labor market experience is also included in the regression. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.