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Early Labour Market Careers of Young Business Economists in Sweden

Author

Listed:
  • Fornwall, M

Abstract

A new Swedish dataset is used to examine the relationships between education, experience and earnings. We focus on four issues, namely (i) the determinants of starting salaries, (ii) the relationship between post-school-investment in human capital and wage growth, (iii) the determinants of current salaries, and (iv) the determinants of fringe benefits. The results indicate that a lower starting salary led to faster wage growth and that the return to formal firm-provided education was substantial in terms of wage growth. The results further indicate that accurate information on experience is essential, since different kinds of experience affect earnings differently.

Suggested Citation

  • Fornwall, M, 1996. "Early Labour Market Careers of Young Business Economists in Sweden," Papers 1996-14, Uppsala - Working Paper Series.
    • Handle: RePEc:fth:uppaal:1996-14
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    More about this item

    Keywords

    SWEDEN; LABOUR MARKET; WAGE SCALE;
    All these keywords.

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

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