Worker turnover and job matching: Implications for estimating the returns to tenure

Tim Barmby; Barbara Eberth

doi:10.1016/j.econlet.2008.07.001

Worker turnover and job matching: Implications for estimating the returns to tenure

Tim Barmby, Barbara Eberth

Research output: Contribution to journal › Article › peer-review

4 Citations (Scopus)

Abstract

This paper replicates Medoff and Abraham's [Medoff, J. and Abraham, K., 1980. Experience, performance, and earnings. Quarterly Journal of Economics 95, 703–736.] results where the introduction of performance ratings into an earnings equation doesn't reduce the coefficient on tenure. M&A interpret this as being worrying for Human Capital Theory. We offer an interpretation where it isn't.

Original language	English
Pages (from-to)	137-139
Number of pages	3
Journal	Economics Letters
Volume	101
Issue number	2
Early online date	11 Jul 2008
DOIs	https://doi.org/10.1016/j.econlet.2008.07.001
Publication status	Published - Nov 2008

Keywords

specific human capital
job matching
productivity

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10.1016/j.econlet.2008.07.001

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title = "Worker turnover and job matching: Implications for estimating the returns to tenure ",

abstract = "This paper replicates Medoff and Abraham's [Medoff, J. and Abraham, K., 1980. Experience, performance, and earnings. Quarterly Journal of Economics 95, 703–736.] results where the introduction of performance ratings into an earnings equation doesn't reduce the coefficient on tenure. M&A interpret this as being worrying for Human Capital Theory. We offer an interpretation where it isn't. ",

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author = "Tim Barmby and Barbara Eberth",

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AU - Eberth, Barbara

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AB - This paper replicates Medoff and Abraham's [Medoff, J. and Abraham, K., 1980. Experience, performance, and earnings. Quarterly Journal of Economics 95, 703–736.] results where the introduction of performance ratings into an earnings equation doesn't reduce the coefficient on tenure. M&A interpret this as being worrying for Human Capital Theory. We offer an interpretation where it isn't.

KW - specific human capital

KW - job matching

KW - productivity

U2 - 10.1016/j.econlet.2008.07.001

DO - 10.1016/j.econlet.2008.07.001

M3 - Article

SN - 0165-1765

VL - 101

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EP - 139

JO - Economics Letters

JF - Economics Letters

IS - 2

ER -

Worker turnover and job matching: Implications for estimating the returns to tenure

Abstract

Keywords

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