human capital

Publication date: 19 Mar 2012 | Publication type: Conference and seminar output | Theme: Employment & Social policy | Authors: Bryson, A | External authors: Barmby, T. and Eberth, B. | JEL classification: j24; j28
Using a model of wage determination developed by Stevens (2003) we offer an explanation of why tenure has a negative effect when entered in job satisfaction equations. If job satisfaction measures match quality, then the explanation follows from a model of the labour market in which workers...