How Worker Productivity and Wages Grow with Tenure and ...

Several findings emerge concerning the initial period on the job. (1) On-the-job productivity growth exceeds wage growth, consistent with wages ...

Quantifying the link among productivity, wage, tenure, and experience is difficult because worker-level productivity is rarely observable. Wages can be used as ...

Worker Productivity and Wages Grow with Tenure and Experience

(1) On-the-job productivity growth exceeds wage growth, consistent with wages not being allocative period-by-period. (2) Previous experience is a substitute, ...

How Worker Productivity and Wages Grow with Tenure and ...

Several findings emerge concerning the initial period on the job. (1) On-the-job productivity growth exceeds wage growth, consistent with wages not being ...

How Worker Productivity and Wages Grow with Tenure and ...

This paper explores the evolution of average wage paid to employees along the life-cycle of a manufacturing plant in U.S. Average wage starts out low for a new ...

How Worker Productivity and Wages Grow with Tenure ... - Research

Several findings emerge concerning theinitial period on the job. (1) On-the-job productivity growth exceeds wage growth, consistentwith wages not being ...

How Worker Productivity and Wages Grow with Tenure and ...

We argue that these two facts are related. We use a labour market model with on-the-job search where by working longer hours individuals acquire greater skills.

TENURE AND EXPERIENCE EFFECTS ON WAGES: A THEORY

A worker who enjoys an increase in general human capital becomes more productive at all jobs, whereas accumulating firm specific human capital implies a worker ...

How Worker Productivity and Wages Grow with Tenure and ...

Several findings emerge concerning theinitial period on the job. (1) On-the-job productivity growth exceeds wage growth, consistentwith wages not being ...

Firms, Productivity, and Returns to Tenure* - Christian Philip Hoeck

Consistent with the findings from. Figure 2, the results show that workers with 3+ years of tenure experience a larger wage increase compared to starting wages ...

Why Do Wages Grow Faster for Educated Workers?

By allowing for differences in the productivity of on-the-job learning, my model is similar in spirit to Nelson and Phelps (1966), who view education as ...

Productivity has grown 3.5 times as much as pay for the typical worker

But in recent decades, productivity and pay have diverged: Net productivity grew 59.7% from 1979-2019 while a typical worker's compensation grew ...

Why Do Wages Increase with Tenure? On-the-Job Training and Life ...

Empirical results in this paper indicate that firm-specific wage growth occurs almost exclusively during periods of on-the-job training.

THE PAYOFFS OF HIGHER PAY: - Harvard University

We find that over half of the turnover reduction and productivity increase arises from behavioral responses of the same worker facing different wages. For ...

Workers' tenure and firm productivity: New evidence from matched ...

Since we detect a substantial tendency for tenure to be nonlinearly related to productivity, a boundless link between tenure and wages may ...

Minimum Wage and Individual Worker Productivity: Evidence from a ...

By means of a border-discontinuity analysis, we document that workers become more productive and are terminated less often after a minimum wage increase. These ...

A Tractable Equilibrium Search Model of Wage Dynamics

Wage growth is decomposed into contributions of human capital and job search, within and between jobs. Human capital accumulation is largest for highly educated ...

Training, Productivity and Wages: Direct Evidence from a Temporary ...

Theories proposed that labor market frictions entails wage compression, larger productivity gain than wage growth to skill acquisition, and ...

Why Do Wages Increase with Tenure? On-the-Job Training and Life ...

In all this work, however, an under- standing of life-cycle productivity profiles is essential to an understanding of life-cycle earnings and wage growth. In ...

Age, Wage and Productivity - IZA - Institute of Labor Economics

Some studies find that if workers grow older there is an increasing gap between productivity and wages, i.e. wages increase with age while productivity does not ...