Borjas, George J.
April 1981
Industrial & Labor Relations Review;Apr81, Vol. 34 Issue 3, p365
Academic Journal
Previous studies have shown that in the short run quits generally lead to wage increases on the next job and layoffs to no increase or to a wage cut. The author of this study argues, however, that the prospect of a job change for any reason creates a disincentive for a worker to invest in training that is specific to the current job, and therefore those who change jobs frequently may earn less over their life cycle than those who, other things equal, seldom change jobs. An analysis of data from the National Longitudinal Survey of Mature Men supports that expectation, showing that for white males job separations usually lead to wage gains in the short run but nonmobile workers tend to achieve significantly higher wages over the long run.


Related Articles

  • Salary raises advance optimistically.  // Human Capital;Oct2011, Vol. 15 Issue 5, p12 

    The article presents the findings of a cross industry Compensation Trends Survey conducted by Deloitte Consulting India Private Ltd.'s Human Capital Advisory Services (HCAS) on salary increments and variable pay trends on a total of 122 companies.

  • 8 QUESTIONS.  // Professional Engineering;Mar2011, Vol. 24 Issue 3, p14 

    The article presents findings of a survey of British engineers on inflation in 2011. The survey discovers that 89% of engineers expect the inflation rate to surpass the rate of future wage increases. It says that 53% of respondents believe that interest rates should be increased immediately to...

  • Don't count on big raise, survey says.  // Enterprise/Salt Lake City;6/24/2013, Vol. 42 Issue 45, p3 

    The article reports on the 68th annual Utah Compensation Survey which shows that survey respondents expect 2013 raises to average 3.13 percent and that workers in certain categories likely will see slightly lower pay raises in 2013 than they received in 2012.

  • VIEWPOINT. Moniz, Larry // Funeral Monitor;4/28/2008, Vol. 17 Issue 17, p7 

    The author reflects on a need for salaries and wages in various industries to keep up with inflation whether times are prosperous or hard. The author views it unfortunate that management in these industries continue to see their salaries increase while those who often perform the harder, more...

  • Global pay rises in the spotlight.  // Financial Management;May2012, p13 

    The article discusses inflation rates and pay rise averages in national economies including Russia, Saudi Arabia, and Great Britain.

  • Minimum wage hiked on Jan. 1: But will it make a big difference? Sheldon, Andrew // njbiz;1/5/2015, Vol. 28 Issue 1, p2 

    The article discusses the minimum wage increase effective January 1, 2015 among minimum wage workers in New Jersey, as part of the state's automatic yearly increase to hedge against inflation.

  • CASH COURSE. Krantz, Matt // Men's Health;Dec2006, Vol. 21 Issue 10, p92 

    The article offers advice to a male employee who worries about not getting a wage increase. It mentions that the situation is compared with a pay cut after figuring in inflation. The employee is asked to cut back expenses to match inflation if he is still in an entry-level position. Any...

  • in this issue.  // Labor Law Journal;Oct60, Vol. 11 Issue 10, p866 

    Introduces various articles published in the October 1960 issue of the "Labor Law Journal."

  • DEALING WITH TRADE UNIONS.  // Personnel Today;7/15/2008, p28 

    The article offers suggestions for human resource (HR) professionals to handle industrial relations. It suggests ways to interact with trade unions in matters related to pay claims and cites a situation wherein the union has demanded a rise in line with retail price index inflation, plus 2% for...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics