Please use this identifier to cite or link to this item: http://arks.princeton.edu/ark:/88435/dsp010k225b06h
 Title: Estimating the Employer Switching Costs and Wage Responses of Forward-Looking Engineers Authors: Fox, Jeremy T. Keywords: employer switchingswitching costsgeographic mobilityfirm compensation schemesmonopsony Issue Date: 1-Dec-2008 Series/Report no.: Working Papers (Princeton University. Industrial Relations Section) ; 543 Abstract: I estimate the relative magnitudes of worker switching costs and whether the employer switching of experienced engineers responds to outside wage offers. Institutional features imply that voluntary turnover dominates switching in the market for Swedish engineers from 1970–1990. I use data on the allocation of engineers across a large fraction of Swedish private sector firms to estimate the relative importance of employer wage policies and switching costs in a dynamic programming, discrete choice model of voluntary employer choice. The differentiated firms are modeled in employer characteristic space and each firm has its own agewage profile. I find that a majority of engineers have moderately high switching costs and that a minority of experienced workers are responsive to outside wage offers. Younger workers are more sensitive to outside wage offers than older workers. URI: http://arks.princeton.edu/ark:/88435/dsp010k225b06h Appears in Collections: IRS Working Papers

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