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This study was limited, however, by a small sample size (n = 235), gross estimates of tenure (tenure in ten-year increments), a relatively older sample, (mean age of 58.2 years), and potentially biased responses (the sample was openly recruited to investigate respiratory health).
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For verbal skills, we find a small but significant impact on the IV-GMM estimates of skilled job tenure of 0.03 SD for every year of such tenure.
I use the 2007 Schools and Staffing Survey to estimate the effect of tenure on K-12 teacher behavior.
The cyclicality estimates decline also with the level of tenure but are slightly lower than those in column (1), particularly for newly-hired workers.
We would not expect the coefficients of these variables in the estimating equation to be statistically different from zero as a result of tenure evaluation.
Still, as I show later in the results, when I estimate wage cyclicality for workers with high levels of job tenure, I group workers with more than 6 years of tenure into a single category.
This is the genius of tenure".
But I'd get rid of tenure.
The estimated real wage cyclicality falls only by 15%% while it declines by almost half for workers with more than 6 years of tenure.
They are thus associated with the notions of tenure diversification and 'social mix'.
Therefore, security of tenure is of paramount importance.
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