Young workers' professional experience and access to high-skill jobs: a note
The implications of on-the-job search and learning-by-doing of young workers are studied in a search-matching model. The labor market is segmented in two sub-markets: that of beginners, and that of experienced workers offering higher wages. After a long enough employment spell, beginners can search for a better-paying job in the experienced sub-market. Employment instability reduces upgrading opportunities for young workers, penalizing the overall economy. Under specific conditions this phenomenon is reinforced when firms are more fussy about workers' professional experience.
Volume (Year): 32 (2012)
Issue (Month): 1 ()
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- Robert H. Topel & Michael P. Ward, 1988.
"Job Mobility and the Careers of Young Men,"
NBER Working Papers
2649, National Bureau of Economic Research, Inc.
- Skuterud, Mikal, 2005. "Explaining the Increase in On-the-job Search," Analytical Studies Branch Research Paper Series 2005250e, Statistics Canada, Analytical Studies Branch.
- Bruce Fallick & Charles A. Fleischman, 2004. "Employer-to-employer flows in the U.S. labor market: the complete picture of gross worker flows," Finance and Economics Discussion Series 2004-34, Board of Governors of the Federal Reserve System (U.S.).
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