Abstract
The causes and consequences of labor mobility belong to the classical topics in labor economics. There is, first, the issue of the extent to which workers respond to perceived wage gains associated with job mobility. The adaptability of the labor market in this respect has obvious implications for the speed at which potential allocation gains can be realized. It is also clear that mobility between jobs is a device through which workers can improve their economic position; individual wage and income mobility is presumably to a large extent associated with job mobility. Hence, an understanding of life-cycle patterns of earnings may require knowledge of mobility over the life cycle as well.KeywordsWage LevelWage EquationWage GrowthHuman Capital VariableWage GainThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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