Einflussreiche Studien gehen davon aus, dass sich die Bedingungen beim Berufseinstieg langfristig auf den Berufsverlauf von Arbeitskräften im Betrieb auswirken. Obwohl es unter Wirtschaftswissenschaftlern seit langem umstritten ist, ob die anhaltenden Lohnunterschiede zwischen Betrieben und...

We study the long-run effects of initial labor market conditions on wages for a large sample of male individuals entering the Austrian labor market between 1978 and 2000. We find a robust negative effect of unfavorable entry conditions on starting wages. This initial effect turns out to be quite...

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 well as a sizeable negative long-run effect. Specifically,...

Using quarterly data for the U.K. from 1993 through 2012, we document that in economic downturns a smaller fraction of unemployed workers change their career when starting a new job. Moreover, the proportion of total hires that involves a career change for the worker also drops in recessions....