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Career choice, wage growth and job m...

Pavan, Ronni.

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Career choice, wage growth and job mobility.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Career choice, wage growth and job mobility./
Author:	Pavan, Ronni.
Description:	121 p.
Notes:	Source: Dissertation Abstracts International, Volume: 66-03, Section: A, page: 1109.
Contained By:	Dissertation Abstracts International66-03A.
Subject:	Economics, Labor. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3168372
ISBN:	0542043645

Career choice, wage growth and job mobility.
Pavan, Ronni.

Career choice, wage growth and job mobility. - 121 p.

Source: Dissertation Abstracts International, Volume: 66-03, Section: A, page: 1109.

Thesis (Ph.D.)--The University of Chicago, 2005.

Most of the literature on job mobility and wage growth focuses on factors that are either general or firm-specific. In this dissertation, I study the implications of considering factors that are specific to the type of job of a worker.

ISBN: 0542043645Subjects--Topical Terms:

1019135
Economics, Labor.

Career choice, wage growth and job mobility.
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100 1 $a Pavan, Ronni. $3 1903311
245 1 0 $a Career choice, wage growth and job mobility.
300 $a 121 p.
500 $a Source: Dissertation Abstracts International, Volume: 66-03, Section: A, page: 1109.
500 $a Adviser: Derek Neal.
502 $a Thesis (Ph.D.)--The University of Chicago, 2005.
520 $a Most of the literature on job mobility and wage growth focuses on factors that are either general or firm-specific. In this dissertation, I study the implications of considering factors that are specific to the type of job of a worker.
520 $a In the first part of my thesis, I concentrate on the job mobility patterns that arise when we consider the career choice of workers. I present a model that allows for the presence of time varying career-specific and firm-specific matches. I estimate the structural parameters of the model using Efficient Method of Moments. Simulating the data using the estimates of the structural model, I am able to reproduce reasonably well the empirical facts that motivate the paper. I also show that similar models with only firm-specific matches or only career-specific matches cannot replicate the observed patterns of job mobility. Estimates show that welfare losses at the time of displacement implied by the model are 30% smaller than in a model with only firm specific matches.
520 $a In the last part of my thesis, I turn my attention to wage the growth implications of career choice. I develop and estimate a search model in which career-specific and firm-specific matches determine job mobility and wage growth. Each worker-firm and worker-career relationship is characterized by a match that evolves stochastically over time. At each period, a worker has three options. He can: (1) stay at his current firm, (2) draw a new firm-specific match by changing employer or (3) change career by drawing a new career and firm-specific match. Consider a worker who works in the same career for the same employer over a period of ten years. I calculate that his wage will grow on average by 25% because of the accumulation of knowledge and skills that are specific to his career and by 8% because of the accumulation of knowledge and skills that are specific to his employer.
590 $a School code: 0330.
650 4 $a Economics, Labor. $3 1019135
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710 2 0 $a The University of Chicago. $3 1017389
773 0 $t Dissertation Abstracts International $g 66-03A.
790 1 0 $a Neal, Derek, $e advisor
790 $a 0330
791 $a Ph.D.
792 $a 2005
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3168372