The changing pattern of wage growth for low skilled workers
AbstractWe examine the key components that determine an individual's early career wage growth and how these factors have changed for less skilled workers over the last twenty years. In particular, we examine the relative importance of accumulating work experience as compared to the quality of job matches in influencing wage growth. Our main finding is that over this period, the vast majority of the variation in wage growth is due to variability in the return to experience.
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Bibliographic InfoPaper provided by Federal Reserve Bank of Chicago in its series Working Paper Series with number WP-05-24.
Date of creation: 2005
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-01-01 (All new papers)
- NEP-EDU-2006-01-01 (Education)
- NEP-HRM-2006-01-01 (Human Capital & Human Resource Management)
- NEP-LAB-2006-01-01 (Labour Economics)
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