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.
- Lydon, Reamonn & Walker, Ian, 2004.
"Welfare-to-Work, Wages and Wage Growth,"
IZA Discussion Papers
1144, Institute for the Study of Labor (IZA).
- Nicolas Williams, 2004.
"Seniority, Experience, and Wages in the UK,"
University of Cincinnati, Economics Working Papers Series
2004-06, University of Cincinnati, Department of Economics.
- DEGEORGE, François & JENTER, Dirk & MOEL, Alberto & TUFANO, Peter, 2000.
"Selling company shares to reluctant employees : France Télécom's experience,"
Les Cahiers de Recherche
703, HEC Paris.
- Degeorge, Francois & Jenter, Dirk & Moel, Alberto & Tufano, Peter, 2004. "Selling company shares to reluctant employees: France Telecom's experience," Journal of Financial Economics, 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," CEPR Discussion Papers 2483, C.E.P.R. Discussion Papers.
- Michal Myck & Gillian Paull, 2004.
"The role of employment experience in explaining the gender wage gap,"
IFS Working Papers
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 W01/18, Institute for Fiscal Studies.
- Cingano, Federico, 2003. "Returns to specific skills in industrial districts," Labour Economics, 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.
- Cornelia Luchsinger & Jörg Wild & Rafael Lalive, 2001.
"Do Wages Rise with Job Seniority? The Swiss Case,"
CEPE Working paper series
01-07, CEPE Center for Energy Policy and Economics, ETH Zurich.
- Maciej Szelewicki & Joanna Tyrowicz, 2009.
"Labour Market Racial Discrimination in South Africa Revisited,"
2009-08, Faculty of Economic Sciences, University of Warsaw.
- Maciej, Szelewicki & Tyrowicz, Joanna, 2009. "Labour Market Racial Discrimination in South Africa Revisited," MPRA Paper 16440, University Library of Munich, Germany.
- 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 you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.