Battisti, Michele - ifo Leibniz-Institut für Wirtschaftsforschung an der … - 2013
simultaneous equation model that allows individual and match heterogeneity to affect wages, job tenure and industry experience. I … show that wage returns to industry experience are much higher than wage returns to job seniority. The hypotheses of … exogeneity of job seniority and industry experience in the wage equation are rejected: high-wage workers and highwage matches …