Returns to Skills and Personnel Management: U.S. Department of Defense Scientists and Engineers
University of Chicago Booth School of Business; Institute for the Study of Labor (IZA)
Economic Inquiry, Vol. 44, No. 2, pp. 199-214, April 2006
Personnel records are used to examine compensation, recruitment, and retention of a group of highly skilled workers: civilian scientists and engineers in U.S. Department of Defense laboratories. In contrast to those of the private sector, returns to skills were largely flat for this group from 1982 to 1996. Despite this, quality and performance of recruits relative to earlier cohorts, and of those retained relative to those who left, remained stable. One explanation is the importance of defense industry-specific human capital. These results hold for three different pay plans, including the federal government's primary plan and two intended to introduce greater flexibility in personnel management.
Number of Pages in PDF File: 16Accepted Paper Series
Date posted: June 5, 2006
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo6 in 0.375 seconds