Sessions, J. G. and Theodoropoulos, N., 2009. Tenure, Wage Profiles and Monitoring. Working Paper. Bath, U.K.: Department of Economics, University of Bath. (Bath Economics Research Working Papers; 27/09)
We undertake the first empirical investigation of the relationship between the slope of the wagetenure profile and the level of monitoring. On the assumption that firms strive for the optimal trade-off between these various instruments, we hypothesise that increased monitoring leads to a decline in the slope of the wagetenure profile. Our empirical analysis, using two cross sections of matched employer-employee British data, provides robust support for this prediction.
|Item Type ||Reports/Papers (Working Paper)|
|Creators||Sessions, J. G.and Theodoropoulos, N.|
|Uncontrolled Keywords||efficiency wages, tenure, monitoring|
|Departments||Faculty of Humanities & Social Sciences > Economics|
|Research Centres||Bath Economics Research|
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