make it easier for them to switch employers than for the part-time educated auditors. The predictions on tenure and wages …In the Netherlands auditors can be trained in a part-time educational track in which students combine working and … relatively general. Applying human capital theory, we expect higher wage growth for full-time educated auditors than for dual …

, are the first to leave the firm (Last In, First Out; LIFO). Second, workers’ wages rise with seniority (= a worker … to seniority in wages. Efficiency in hiring requires the workers’ bargaining power to be in line with their share in the …

wages reflect this, with lower pay for greater uncertainty. We use the dispersion of exam grades within a field of education … as an indicator of the unobserved heterogeneity that employers face. We find solid evidence that starting wages are lower …

In a corporatist country, of which the Netherlands is an example, wages should not be distinguished by union membership …