scholarly journals Grades and Employer Learning

2021 ◽  
Author(s):  
Anne Toft Hansen ◽  
Ulrik Hvidman ◽  
Hans Henrik Sievertsen
Keyword(s):  
2018 ◽  
Vol 10 (2) ◽  
pp. 154-183 ◽  
Author(s):  
Amanda M. Michaud

Employer learning provides a link between wage and employment dynamics. Workers who are selectively terminated when their low productivity is revealed subsequently earn lower wages. If learning is asymmetric across employers, randomly separated high-productivity workers are treated similarly when hired from unemployment, but recover as their next employer learns their type. I provide empirical evidence supporting this link, then study whether employer learning is an empirically important factor in wage and employment dynamics. In a calibrated structural model, learning accounts for 78 percent of wage losses after unemployment, 24 percent of life-cycle wage growth, and 13 percent of cross-sectional dispersion observed in data. (JEL D83, E24, J23, J24, J31, J62)


2020 ◽  
Author(s):  
Gaurab Aryal ◽  
Manudeep Bhuller ◽  
Fabian Lange
Keyword(s):  

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