MALE OCCUPATIONAL MOBILITY IN BRITAIN.

This article analyzes male occupational mobility in Great Britain. The theoretical model of occupational mobility is based on the assumption that individuals are heterogenous in their demand for training. Training may be occupation-specific or firm-specific. Uncertainty regarding the return on human capital can be introduced by allowing for stochastic variations in earnings and differences in the productivity of workers. The average firm tenure in the occupation has a negative effect on the probability of inter-firm mobility relative to intra-firm promotion.