Home About Latest Browse RSS Advanced Search

Federal Reserve Bank of Cleveland
Economic Review
Turnover, wages, and adverse selection
Charles T. Carlstrom
Abstract

An argument that adverse selection in the labor market can explain why frequent job-changers have lower average wages and flatter age-earnings profiles than workers who change jobs infrequently. Adverse selection also provides a basis for examining the welfare implications of low-productivity workers in the labor market.


Download Full text
Download Full text
Cite this item
Charles T. Carlstrom, "Turnover, wages, and adverse selection" , Federal Reserve Bank of Cleveland, Economic Review, issue Q I, pages 18-28, 1989.
More from this series
JEL Classification:
Subject headings:
For corrections, contact 4D Library ()
Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.

Privacy Legal