Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/80595
Authors: 
Devereux, Paul J.
Hart, Robert A.
Roberts, J. Elizabeth
Year of Publication: 
2013
Series/Report no.: 
IZA Discussion Paper 7384
Abstract: 
We show that the distinction between job spells and employer spells matters for returns to tenure. Employer spells encompass between-job wage movements linked to promotions or demotions while job spells don't. Using a 1% sample of the British workforce over the period 1975-2010, we find that a significant proportion of the return to employer tenure arises due to job changes within employer spells. Conditional on tenure with employer, the return to job tenure is negative. This suggests that any positive effects of job-specific human capital on wage growth within jobs are outweighed by the effects of job changes within firms.
Subjects: 
job spells
employer spells
wage-tenure profiles
JEL: 
J31
J24
Document Type: 
Working Paper

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