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JOB MATCH, TENURE AND WAGES PAID BY FIRMS
Author(s) -
Hersch Joni,
Reagan Patricia
Publication year - 1990
Publication title -
economic inquiry
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.823
H-Index - 72
eISSN - 1465-7295
pISSN - 0095-2583
DOI - 10.1111/j.1465-7295.1990.tb01235.x
Subject(s) - matching (statistics) , economics , human capital , sample (material) , labour economics , set (abstract data type) , quality (philosophy) , inclusion (mineral) , econometrics , mathematics , gender studies , philosophy , statistics , chemistry , epistemology , chromatography , sociology , computer science , programming language , economic growth
Using a new data set consisting of a matched sample of workers and firms, and including explicit measures of match quality, the authors estimate a structural model and find new evidence of a strong positive relation between wages and tenure. Inclusion of firm‐fixed effects does not significantly reduce the estimated returns to tenure. The results also shed light on the relative importance of human capital and job matching theories.