Simultaneous Determination of Wage Rates and Tenure
Simultaneous Determination of Wage Rates and Tenure
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同时确定工资率和任期
DOI：
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发表时间：
2002
期刊：
影响因子：
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通讯作者：
Changhui Kang
中科院分区：
文献类型：
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作者：
J. Abowd;Changhui Kang
劳动经济学家已经认识到，在理论和经验模型中，同时确定工人的工资率和工作年限的潜力。对这种内生性进行建模说明了与工资和任期确定有关的参数何时可能受到估计偏差或不一致的影响。在本文中，我们使用了一种新的规范，它明确地考虑了工资方程估计中同时确定工资率和工期的问题。在离散持续时间分析框架中，我们将员工的任期指定为周期性流动决策的累积。我们将这些决定与一个计量经济学模型结合起来，该模型允许保有期影响每个时期的结果。我们的经验发现，拥有10年任期的工人的薪酬比拥有一年工作序列的工人高出约6.9%。
Labor economists have recognized the potential for simultaneous determination of a worker’s wage rate and tenure on a job in both theoretical and empirical models. Modeling this endogeneity illustrates when parameters related to wage and tenure determination may be subject to estimation bias or inconsistency. In this paper, we use a new specification that explicitly considers the simultaneous determination of the wage rate and tenure in estimation of the wage equation. In a discrete-time duration analysis framework, we specify a worker’s tenure as an accumulation of periodic mobility decisions. We combine these decisions with an econometric model for the wage rate that allows tenure to affect the outcome in each period. Our empirical findings show that a worker with 10 years of tenure is paid approximately 6.9% more than a worker who holds a sequence of one-year duration jobs.