TY  - JOUR
AU  - Bartel,Ann P.
AU  - Borjas,George J.
TI  - Wage Growth and Job Turnover: An Empirical Analysis
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 285
PY  - 1982
Y2  - September 1982
UR  - http://www.nber.org/papers/w0285
L1  - http://www.nber.org/papers/w0285.pdf
N1  - Author contact info:
Ann P. Bartel
Graduate School of Business
Columbia University
3022 Broadway, 623 Uris Hall
New York, NY  10027
Tel: 212/854-4419
Fax: (212) 316-9219
E-Mail: apb2@columbia.edu

George J. Borjas
Harvard Kennedy School
79 JFK Street
Cambridge, MA 02138
Tel: 617/495-1393
Fax: 617/495-9532
E-Mail: gborjas@harvard.edu
M1  - published as Ann P. Bartel, George J. Borjas. "Wage Growth and Job Turnover: An Empirical Analysis," in Sherwin Rosen, ed., "Studies in Labor Markets" University of Chicago Press (1981)

AB  - This paper demonstrates that labor turnover is a significant factor in understanding wage growth since it affects both wage growth across jobs and wage growth within the job. Our analysis shows that young men who quit experience significant wage gains compared to stayers and compared to their own wage growth prior to the job change. Among older men, a quit increases wage growth only if the individual said he changed jobs because he found a better job. Yet in both age groups, individuals who expect to remain on the current job experience steeper wage growth per time period on that job. Thus labor turnover has offsetting effects on wage growth, leading to wage gains across jobs but flatter growth in shorter jobs. Our empirical analysis shows however that total life-cycle wage growth is positively related to current tenure. While early mobility may pay, individuals who are still changing jobs later in life experience lower overall wage growth.
ER  -