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This paper investigates the sources of wage growth over the life cycle, where individuals have the possibility to acquire vocational training at the start of their career. Wage growth is determined by sectoral and firm mobility, unobserved ability and the accumulation of human capital. Workers...
Persistent link: https://www.econbiz.de/10013170247
wage may be preferred to a high starting wage job if the growth rate of wages in the former exceeds the latter. In fact …
Persistent link: https://www.econbiz.de/10012728707
We estimate the effects of labor market entry conditions on wages for male individuals first entering the Austrian … labor market between 1978 and 2000. We find a large negative effect of unfavorable entry conditions on starting wages as …
Persistent link: https://www.econbiz.de/10009312922
We study the long-run effects of initial labor market conditions on wages for a large sample of male individuals … starting wages. This initial effect turns out to be quite persistent and even though wages do catch up later on, large effects … aggregate level are key to explain wages' adjustment process in the longer run. …
Persistent link: https://www.econbiz.de/10011343912
We estimate the effects of labor market entry conditions on wages for male individuals first entering the Austrian … labor market between 1978 and 2000. We find a large negative effect of unfavorable entry conditions on starting wages as …
Persistent link: https://www.econbiz.de/10011344863
We estimate the effects of labor market entry conditions on wages for male individuals first entering the Austrian … labor market between 1978 and 2000. We find a large negative effect of unfavorable entry conditions on starting wages as …
Persistent link: https://www.econbiz.de/10013135184
We estimate the effects of labor market entry conditions on wages for male individuals first entering the Austrian … labor market between 1978 and 2000. We find a large negative effect of unfavorable entry conditions on starting wages as …
Persistent link: https://www.econbiz.de/10013135292
Does a worker's first job affect her long-run career? Do any such "first job effects" vary across workers of different types? If so, can policy improve upon a "free" labor market by altering initial matches with employers? We begin to study the impact of market design on the performance of...
Persistent link: https://www.econbiz.de/10013242966
employment and wages to changing market conditions. Rutkowski looks at all three dimensions of labor market flexibility by …
Persistent link: https://www.econbiz.de/10014085139
of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages …
Persistent link: https://www.econbiz.de/10013320711