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Cross-sectional evidence for the job-matching model

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  • Julie Hotchkiss

Abstract

Using the PSID and 2SLS estimation, this paper provides cross-sectional empirical evidence for the job-matching model. The empirical model which specifies wages as a function of expected tenure (rather than merely current tenure) more accurately describes the observed data.

Suggested Citation

  • Julie Hotchkiss, 1998. "Cross-sectional evidence for the job-matching model," Applied Economics Letters, Taylor & Francis Journals, vol. 5(2), pages 121-125.
    • Handle: RePEc:taf:apeclt:v:5:y:1998:i:2:p:121-125
    DOI: 10.1080/758523517
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    References listed on IDEAS

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    1. McDonald, John F & Moffitt, Robert A, 1980. "The Uses of Tobit Analysis," The Review of Economics and Statistics, MIT Press, vol. 62(2), pages 318-321, May.
    2. Topel, Robert H, 1991. "Specific Capital, Mobility, and Wages: Wages Rise with Job Seniority," Journal of Political Economy, University of Chicago Press, vol. 99(1), pages 145-176, February.
    3. Brown, James N & Light, Audrey, 1992. "Interpreting Panel Data on Job Tenure," Journal of Labor Economics, University of Chicago Press, vol. 10(3), pages 219-257, July.
    4. Nelson, Forrest & Olson, Lawrence, 1978. "Specification and Estimation of a Simultaneous-Equation Model with Limited Dependent Variables," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 19(3), pages 695-709, October.
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    Cited by:

    1. Allgood, Sam & Farrell, Kathleen A. & Kamal, Rashiqa, 2012. "Do boards know when they hire a CEO that is a good match? Evidence from initial compensation," Journal of Corporate Finance, Elsevier, vol. 18(5), pages 1051-1064.
    2. Andries de Grip & Inge Sieben, 2005. "The effects of human resource management on small firms' productivity and employees' wages," Applied Economics, Taylor & Francis Journals, vol. 37(9), pages 1047-1054.

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