Relative wages, wage growth, and quit behavior

• 成果类型: Article
• 署名作者: Galizzi, M; Lang, K
• 署名单位: Boston University
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/209893
• 发表日期: 1998
• 页码: 367-391
• 关键词: search behavior; job mobility; turnover; rates; seniority; workers

摘要

Using Italian Social Security records for male workers from a sample of firms in Turin from 1981 to 1983, we show that conditional on the worker's own wage the average wage in the establishment for similar workers is negatively related to quits. We also find that this variable predicts future wage growth. This is consistent with an economic model in which workers compare the long-run value of employment opportunities when making quit decisions.