Marinescu, Ioana E.; Triyana, Margaret - 2015
source of wage growth, with job seniority playing a smaller role. By contrast, in Indonesia, the 10-year return to seniority … is 24 to 29%, which is higher than the return to experience. Furthermore, we estimate a 35% return to ten years of tenure … in the formal sector, with no significant return to tenure in the informal sector. The difference in the sources of wage …