Wages, Mobility and Firm Performance: Advantages and Insights from Using Matched Worker–Firm Data
利用法国纵向匹配雇主-员工数据，通过允许个体和企业异质性的计量模型，研究工人流动性与工资率的共同决定，发现企业间存在显著的异质性，平均资历回报接近零但低起薪企业有正回报。
To illustrate the wide applicability of longitudinal matched employer-employee data, we study the simultaneous determination of worker mobility and wage rates using an econometric model that allows for both individual and firm-level heterogeneity. The model is estimated using longitudinally linked employer-employee data from France. Structural results for mobility show remarkable heterogeneity with both positive and negative duration dependence present in a significant proportion of firms. The average structural returns to seniority are essentially zero, but this result masks enormous heterogeneity with positive seniority returns found in low starting-wage firms. Copyright 2006 Royal Economic Society.