This paper documents how life cycle wage growth varies across countries. We harmonize
repeated cross-sectional surveys from a set of countries of all income levels and then …

We survey the literature on search-theoretic models of the labor market. We show how this
approach addresses many issues, including the following: Why do workers sometimes …

We find that returns to occupational tenure are substantial. Everything else being constant, 5
years of occupational tenure are associated with an increase in wages of 12%–20 …

We document and analyze the high level and the substantial increase in worker mobility in
the United States over the 1968–97 period at various levels of occupational and industry …

Using administrative panel data on the entire Danish population we document a new set of
facts characterizing occupational mobility. For most occupations, mobility is U-shaped and …

For the youngest cohorts whose entire working life can be observed, hours start falling much
earlier than wages. Wages do not fall (if they fall at all) until one׳ s late 60s. The data suggest …

Between the 1957 and 1983 labor market entry cohorts, median lifetime earnings declined
by 10–19 percent for men and increased by 22–33 percent for women, albeit relative to very …

This study examines age‐dependent employment protection by extending the theory of
equilibrium unemployment to account for a finite working life‐time. The potential …

The US economy, and the labor market in particular, has experienced substantial changes
since the early 1970s. Among the most notable of the trends observed during this period …

Between 1940 and 2000 there was a substantial increase in educational attainment in the
United States. What caused this trend? We develop a model of human capital accumulation …