michael p. ward
Institutional Affiliation: Unicon Research Corporation
NBER Working Papers and Publications
|July 1988||Job Mobility and the Careers of Young Men|
with Robert H. Topel: w2649
We study the joint processes of job mobility and wage growth among young men drawn from the Longitudinal Employee-Employer Data. Following individuals at three month intervals from their entry into the labor market, we track career patterns of job changing and the evolution of wages for up to 15 years. Following an initial period of weak attachment to both the labor force and particular employers, careers tend to stabilize in the sense of strong labor force attachment and increasing durability of jobs. During the first 10 years in the labor market, a typical young worker will work for seven employers, which accounts for about two-thirds of the total number of jobs he will hold in his career. The evolution of wages plays a key role in this transition to stable employment: we estimate that w...
Published: Quarterly Journal of Economics, Vol. 107 (May 1992): 441-79. citation courtesy of