Reexamining the Wage, Tenure and Experience Relationship
AbstractDespite 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.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by MIT Press in its journal Review of Economics & Statistics.
Volume (Year): 73 (1991)
Issue (Month): 3 (August)
Contact details of provider:
Web page: http://mitpress.mit.edu/journals/
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Degeorge, François & Jenter, Dirk & Moel, Alberto & Tufano, Peter, 2000.
"Selling Company Shares to Reluctant Employees: France Télécom's Experience,"
CEPR Discussion Papers, C.E.P.R. Discussion Papers
2483, C.E.P.R. Discussion Papers.
- Degeorge, Francois & Jenter, Dirk & Moel, Alberto & Tufano, Peter, 2004. "Selling company shares to reluctant employees: France Telecom's experience," Journal of Financial Economics, Elsevier, Elsevier, vol. 71(1), pages 169-202, January.
- Francois Degeorge & Dirk Jenter & Alberto Moel & Peter Tufano, 2000. "Selling Company Shares to Reluctant Employees: France Telecom's Experience," NBER Working Papers 7683, National Bureau of Economic Research, Inc.
- DEGEORGE, François & JENTER, Dirk & MOEL, Alberto & TUFANO, Peter, 2000. "Selling company shares to reluctant employees : France Télécom's experience," Les Cahiers de Recherche, HEC Paris 703, HEC Paris.
- Cornelia Luchsinger & Rafael Lalive & Jörg Wild, 2003.
"Do Wages Rise with Job Seniority? The Swiss Case,"
Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES),
Swiss Society of Economics and Statistics (SSES), vol. 139(II), pages 207-229, June.
- Cornelia Luchsinger & Jörg Wild & Rafael Lalive, 2001. "Do Wages Rise with Job Seniority? The Swiss Case," CEPE Working paper series, CEPE Center for Energy Policy and Economics, ETH Zurich 01-07, CEPE Center for Energy Policy and Economics, ETH Zurich.
- Michal Myck & Gillian Paull, 2004.
"The role of employment experience in explaining the gender wage gap,"
IFS Working Papers, Institute for Fiscal Studies
W04/16, Institute for Fiscal Studies.
- Michal Myck & Gillian Paull, 2001. "The role of employment experience in explaining the gender wage gap," IFS Working Papers, Institute for Fiscal Studies W01/18, Institute for Fiscal Studies.
- Maciej, Szelewicki & Tyrowicz, Joanna, 2009.
"Labour Market Racial Discrimination in South Africa Revisited,"
16440, University Library of Munich, Germany.
- Maciej Szelewicki & Joanna Tyrowicz, 2009. "Labour Market Racial Discrimination in South Africa Revisited," Working Papers, Faculty of Economic Sciences, University of Warsaw 2009-08, Faculty of Economic Sciences, University of Warsaw.
- Nicolas Williams, 2004.
"Seniority, Experience, and Wages in the UK,"
University of Cincinnati, Economics Working Papers Series, University of Cincinnati, Department of Economics
2004-06, University of Cincinnati, Department of Economics.
- Cingano, Federico, 2003. "Returns to specific skills in industrial districts," Labour Economics, Elsevier, Elsevier, vol. 10(2), pages 149-164, April.
- World Bank, 2007. "Chile - County Gender Assessment : Expanding Women's Work Choices to Enhance Chile's Economic Potential," World Bank Other Operational Studies 7639, The World Bank.
- Lydon, Reamonn & Walker, Ian, 2004.
"Welfare-to-Work, Wages and Wage Growth,"
IZA Discussion Papers
1144, Institute for the Study of Labor (IZA).
- Joseph G. Altonji & Nicolas Williams, 1992. "The Effects of Labor Market Experience, Job Seniority, and Job Mobility on Wage Growth," NBER Working Papers 4133, National Bureau of Economic Research, Inc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Karie Kirkpatrick).
If references are entirely missing, you can add them using this form.