The employment consequences of seniority wages


Zwick, Thomas


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URL: http://ub-madoc.bib.uni-mannheim.de/2038
URN: urn:nbn:de:bsz:180-madoc-20383
Document Type: Working paper
Year of publication: 2008
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: J31 J21 J14 ,
Subject headings (SWD): Lohnsystem , Älterer Arbeitnehmer , Betriebszugehörigkeit , Arbeitsnachfrage , Arbeitsmobilität , Arbeitslosigkeit , Deutschland
Keywords (English): Seniority Wages , Employment Structure , Linked Employer-Employee Data
Abstract: This paper combines two strains of the literature on the employment effects of deferred compensation. The first strain separates seniority and job matching wage effects on the basis of individual data, but cannot look at employment consequences. The second strain explains the employment structure on the basis of establishment data, but cannot properly calculate seniority wages. This paper uses linked employer-employee data, aggregates individual seniority wages to the establishment level, and correlates them with the establishment employment structure. According to the deferred compensation hypothesis this paper finds that establishments with stronger seniority wages have a higher tenure but hire less older employees.
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Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Zwick, Thomas (2008) The employment consequences of seniority wages. Open Access [Working paper]
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