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What are the sources of wage growth in developing countries? In the USA, general labor market experience is the key source of wage growth, with job seniority playing a smaller role. By contrast, in Indonesia, the 10-year return to seniority is 24 to 28 %, which is higher than the return to...
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This paper estimates an earnings function for male workers belonging to the Indian corporate sector. The model allows for differential rates of return to schooling and distinguishes tenure from total labor market experience. The rate of return to schooling is found to be low up to the junior...
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controlled for the observed characteristics and sample selection, for men, covered sector wages are at least twice as higher than … uncovered sector wages at all levels of experience and education. This is true with some caveat for women also. This large … differential in wages can be taken as an indication of labor market segmentation between the covered and uncovered wage earners …
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education shows positive effects for the unemployed with respect to both the employment probability and wages. To explain the …
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