The short- and long-term career effects of graduating in a recession.

Autor/inn/en	Oreopoulos, Philip; Wachter, Till von; Heisz, Andrew
Titel	The short- and long-term career effects of graduating in a recession.
Quelle	In: American economic journal. Applied economics, 4 (2012) 1, S. 1-19 PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	1945-7782; 1945-7790
DOI	10.1257/app.4.1.1
Schlagwörter	Einkommenshöhe; Erwerbstätigkeit; Rezession; Hochschulabsolvent; Mann; Kanada
Abstract	"This paper analyzes the magnitude and sources of long-term earnings declines associated with graduating from college during a recession. Using a large longitudinal university-employer-employee dataset, we find that the cost of recessions for new graduates is substantial and unequal. Unlucky graduates suffer persistent earnings declines lasting ten years. They start to work for lower paying employers, and then partly recover through a gradual process of mobility toward better firms. We document that more advantaged graduates suffer less from graduating in recessions because they switch to better firms quickly, while earnings of less advantaged graduates can be permanently affected by cyclical downgrading." (Author's abstract, IAB-Doku). Die Untersuchung enthält quantitative Daten. Forschungsmethode: empirisch-quantitativ; empirisch; Längsschnitt. Die Untersuchung bezieht sich auf den Zeitraum 1978 bis 1999.
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2012/3