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The Determinants of Black-White Differences in Early Employment Careers: Search, Layoffs, Quits, and Endogenous Wage Growth

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Wolpin, Kenneth I
Abstract

This paper studies the transition from school to full-time employment and subsequent labor mobility during the first five postschooling years for several recent cohorts of black and white male "terminal" high school graduates using unique data from the 1979 youth cohort of the National Longitudinal Surveys of Labor Market Experience. A constrained optimization model of labor-force dynamics is implemented, empirically integrating features of models previously described in the literature. The estimates of the model provide quantitative evidence on underlying structural differences in labor-market constraints faced by blacks and whites. Copyright 1992 by University of Chicago Press.

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Publisher Info
Article provided by University of Chicago Press in its journal Journal of Political Economy.

Volume (Year): 100 (1992)
Issue (Month): 3 (June)
Pages: 535-60
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Handle: RePEc:ucp:jpolec:v:100:y:1992:i:3:p:535-60

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  1. Fougère, Denis & Pradel, Jacqueline & Roger, Muriel, 2008. "Does the Public Employment Service Affect Search Effort and Outcomes?," CEPR Discussion Papers 7095, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  2. S. Garasky, . "Exploring the effects of childhood family structure on teenage and young adult labor force participation," Institute for Research on Poverty Discussion Papers 1111-96, University of Wisconsin Institute for Research on Poverty. [Downloadable!]
  3. Gadi Barlevy & H.N. Nagaraja, 2006. "Identification of Search Models with Initial Condition Problems," NBER Working Papers 12166, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  4. Gadi Barlevy, 2003. "Estimating Models of On-the-Job Search Using Record Statistics," NBER Working Papers 10146, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  5. Michael R. Pergamit et al., 2001. "The National Longitudinal Surveys," Journal of Economic Perspectives, American Economic Association, vol. 15(2), pages 239-253, Spring. [Downloadable!] (restricted)
  6. Peter Haan & Victoria Prowse, 2009. "A Structural Approach to Estimating the Effect of Taxation on the Labor Market Dynamics of Older Workers," SOEPpapers 185, DIW Berlin, The German Socio-Economic Panel (SOEP). [Downloadable!]
    Other versions:
  7. Zvi Eckstein & Suqin Ge & Barbara Petrongolo, 2006. "Job and Wage Mobility in a Search Model with Non-Compliance (Exemptions) with the Minimum Wage," IZA Discussion Papers 2076, Institute for the Study of Labor (IZA). [Downloadable!]
  8. Sullivan, Paul, 2006. "Interpolating Value Functions in Discrete Choice Dynamic Programming Models," MPRA Paper 864, University Library of Munich, Germany. [Downloadable!]
  9. John W. Schindler, 2001. "Testing optimality in job search models," International Finance Discussion Papers 710, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
  10. Marigee Bacolod & V. Joseph Hotz, 2005. "Cohort Changes in the Transition from School to Work: What Changed and What Consequences Did it have for Wages?," Working Papers 050618, University of California-Irvine, Department of Economics. [Downloadable!]
  11. Loury, Glenn C, 1998. "Discrimination in the Post-Civil Rights Era: Beyond Market Interactions," Journal of Economic Perspectives, American Economic Association, vol. 12(2), pages 117-26, Spring. [Downloadable!] (restricted)
  12. Michael P. Keane & Kenneth I. Wolpin, 2006. "The Role of Labor and Marriage Markets, Preference Heterogeneity and the Welfare System in the Life Cycle Decisions of Black, Hispanic and White Women," PIER Working Paper Archive 06-004, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania. [Downloadable!]
  13. Christian Belzil, 2006. "The Return to Schooling in Structural Dynamic Models: A Survey," IZA Discussion Papers 2370, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  14. Heather Antecol & Kelly Bedard, 2001. "The Racial Wage Gap: The Importance of Labor Force Attachment Differences Across Black, Mexican and White Men," Claremont Colleges Working Papers 2001-35, Claremont Colleges. [Downloadable!]
  15. Sullivan, Paul, 2006. "A Dynamic Analysis of Educational Attainment, Occupational Choices, and Job Search," MPRA Paper 3896, University Library of Munich, Germany, revised Jun 2007. [Downloadable!]
    Other versions:
  16. Dey, M. S. & Flinn, C. J., 2000. "An Equilibrium Model of Health Insurance Provision and Wage Determination," Working Papers 00-18, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
    Other versions:
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