@techreport{20bdf1f526f14c4883803c02db5d69a0,
title = "Tenure, Wage Profiles and Monitoring",
abstract = "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.",
keywords = "efficiency wages, tenure, Monitoring",
author = "Sessions, \{John G.\} and Nikolaos Theodoropoulos",
year = "2009",
language = "English",
series = "Bath Economics Research Working Papers",
publisher = "Department of Economics, University of Bath",
number = "27/09",
type = "WorkingPaper",
institution = "Department of Economics, University of Bath",
}