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and that returns to general experience are assessed at the point of job change. Using the British New Earnings Survey …
Persistent link: https://www.econbiz.de/10005233755
cohorts of the baby-boom. Using a survey where workers declare their true employment experience, this paper argues that these … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human … even after the shock. In a competitive market, in contrast, wage inequality and notably, the wage return to experience …
Persistent link: https://www.econbiz.de/10005233758
In this paper, we estimate tenure-performance profiles using unique panel data that contain detailed information on individual workers' performance. We find that a 10 per cent increase in tenure leads to an increase in performance of 5.5 per cent of a standard deviation. This translates to an...
Persistent link: https://www.econbiz.de/10009369104
experience and technology adoption and the effect of technological change on the returns to experience. Estimates indicate that … technological change is an important explanation for changes in experience premia. We find a complementarity between existing human …
Persistent link: https://www.econbiz.de/10005703345
We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee … market experience and increase with initially unobserved ability, since the employer gradually obtains better information on …
Persistent link: https://www.econbiz.de/10005703658
substitution of low education / high experience workers by low experience / high education workers by using US and French microdata … explain the changes in returns to experience. It also accounts for a part of the increase in returns to education between 1980 …: the elasticity of substitution between experience and education, which is found to be less than half. In France, the …
Persistent link: https://www.econbiz.de/10005703717
that this provides an upper bound estimate of the contribution of changes in work experience and other post …
Persistent link: https://www.econbiz.de/10005822111
We address the bias from using potential vs. actual experience in earnings models. Statistical tests reject the …. We correct for this by modeling actual experience as a stochastic regressor and predicting experience using the NLSY79 … and the PSID. Predicted experience measures are applied to the IPUMS. Our results suggest that potential experience biases …
Persistent link: https://www.econbiz.de/10005822277
generations of individuals, and endogenous education decisions. Human capital is made of two substitutable components, experience …
Persistent link: https://www.econbiz.de/10005822629
result of experience with the good/service/event. Behavioral scientists have challenged this assumption and claimed … (providing evidence) that preferences are constantly changing when experience is accumulated. This paper tests the effect of … experience on preferences for attributes of health-care events. We are using two very different samples and a methodology that …
Persistent link: https://www.econbiz.de/10005763449