Heterogeneity in Returns to Work Experience : A Dynamic Model of Female Labor Force Participation
AbstractThis paper provides structural estimates of heterogeneous returns to work experience for Japanese married women. A dynamic model of labor force participation is used to account for dynamic self-selection into employment. Heterogeneity is incorporated into the model in a way that allows for the multidimensional skill heterogeneity in employment and home production and for the individual-specific slope and curvature of experience effect on earnings. The structural estimates and their comparison to the reduced-form estimates highlight the importance of dynamic self-selection into employment and heterogeneity in returns to work experience.
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Bibliographic InfoPaper provided by East Asian Bureau of Economic Research in its series Labor Economics Working Papers with number 23048.
Date of creation: Jan 2009
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heterogeneous returns; Japan; labour; multidimensional skill heterogeneity in employment; structual estimates;
Other versions of this item:
- Ken Yamada, 2009. "Heterogeneity in Returns to Work Experience: A Dynamic Model of Female Labor Force Participation," Working Papers 10-2009, Singapore Management University, School of Economics.
- J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
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