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Tenure, Wage Profiles and Monitoring

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  • Sessions, John G.

    (Newcastle University)

  • Theodoropoulos, Nikolaos

    (University of Cyprus)

Abstract

We investigate the relationship between the slope of the wage-tenure profile and the level of monitoring across two cross sections of matched employer-employee British data. Our theoretical model predicts that increased monitoring leads to a decline in the slope of the wage-tenure profile. Our empirical analysis provides strong support for this prediction.

Suggested Citation

  • Sessions, John G. & Theodoropoulos, Nikolaos, 2008. "Tenure, Wage Profiles and Monitoring," IZA Discussion Papers 3307, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp3307
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    More about this item

    Keywords

    monitoring; tenure; efficiency wages;
    All these keywords.

    JEL classification:

    • J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
    • J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
    • J54 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Producer Cooperatives; Labor Managed Firms

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