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Reexamining the Wage, Tenure and Experience Relationship

Datos Bibliográficos

ID19318940
AutoresNicolas Williams (0000-0002-2377-6720, autor de correspondencia)
Año1991
Volumen73
Número3
Páginas512
Fecha de publicación1991-08-01
Peer ReviewedSí
Open AccessNo
TipoARTICLE
RevistaThe Review of Economics and Statistics (JOURNAL)
Identificadores de la revistaISSN: 0034-6535 • E-ISSN: 1530-9142
EditorialJSTOR (PUBLISHER)
DOI10.2307/2109577
OpenAlexW1982309670
IdiomaEN
Citas recibidas7
Referencias citadas1

Despite considerable empirical research, a debate still rages about the relative importance of tenure and experience in determining wages given the existence of unobserved heterogeneity. Using a data set well suited to this problem, the author finds after correcting for unobserved heterogeneity that tenure increases wages only in the first several years of employment. The accumulated effect of general labor-market experience increases wages substantially over the career. This evidence suggests that specific human capital accumulation is relatively less important than some might believe. This result is robust to different estimation techniques that have been suggested in the literature. Copyright 1991 by MIT Press

Demographic economics · Economics · Labour economics · Wage · Corporate Finance and Governance · Firm Innovation and Growth · Labor market dynamics and wage inequality

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  • Job Matching and the Theory of Turnover

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Obras citantes distintas7
Citas por año0,3
Intervalo de citas2003 - 2021 (19)
Velocidad de citaciónhistorical
Altamente citadoNo
Tipos de citaNeutras: 7
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