Job Turnover Heterogeneity and Person-Job-Specific Time-Series Wages

This paper introduces and tests for the endogeneity of job tenure and number of jobs in the wage equation using panel data uniquely suited for that purpose – the National Longitudinal Survey of Youth (NLSY). The model is multi-level in that there is wage dynamics – random intercept, random growth path and autocorrelated transitory variation – at the person… CONTINUE READING