Earnings dynamics: The role of education throughout a worker's career.

Autor/in	Braga, Breno
Titel	Earnings dynamics: The role of education throughout a worker's career. Gefälligkeitsübersetzung: Einkommensdynamik: Die Rolle der Bildung im Berufsverlauf.
Quelle	In: Labour economics, (2018) 52, S. 83-97 PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	0927-5371
DOI	10.1016/j.labeco.2018.03.004
Schlagwörter	USA; Qualifikation; Lohnentwicklung; Berufserfahrung; Bildungsertrag; Bildungsertrag; Lohnentwicklung; Arbeitsplatzverlust; Berufserfahrung; Qualifikation; On-the-Job-Training; Weißer; USA
Abstract	"This paper describes two stylized facts about the earnings dynamics throughout a worker's career. First, this paper shows that more educated workers have higher wage growth with work experience than less educated workers. Second, it demonstrates that more educated workers suffer greater wage losses following job displacement. I propose a model that integrates human capital accumulation and learning mechanisms that can explain these empirical findings. In the model, employers use both education and past job displacement as a signal of a worker's unobservable ability. As a result, educated workers receive more on-the-job training in the beginning of their careers. In addition, educated workers suffer greater wage losses after being laid off when potential employers learn that an educated worker is low ability." (Author's abstract, © 2018 Elsevier).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2018/4