Wage Returns to Experience and Tenure for Young Men in Italy
This paper provides estimates of the average returns to labour market experience and firm-specific tenure for a sample of young Italian male workers. Using instrumental variables, I take into account endogeneity and selection problems generated by job matching and individual fixed effects. Results indicate that OLS estimates for experience and tenure are downward biased and that white collars workers enjoy higher returns to general and specific skills than blue collars.
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