Heterogenous effects of entering the labor market during a recession

Autor/in	Umkehrer, Matthias
Titel	Heterogenous effects of entering the labor market during a recession - new evidence from Germany. Gefälligkeitsübersetzung: Heterogene Auswirkungen des Berufseinstiegs während einer Rezession. Neue Erkenntnisse aus Deutschland.
Quelle	In: CESifo economic studies, 65 (2019) 2, S. 177-203 PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	1610-241X; 1612-7501
DOI	10.1093/cesifo/ifz003
Schlagwörter	Beschäftigungseffekt; Einkommenseffekt; Rezession; Tarif; Ausbildung; Berufliche Mobilität; Übergang Ausbildung - Beruf; Konjunkturabhängigkeit; Absolvent; Berufsanfänger; Junger Erwachsener; Mann
Abstract	"This article studies the career effects of entering the labor market during a recession in Germany. Relying on administrative linked employer-employee data, and by exploiting institutional variation in the timing of graduation for identification, it provides new evidence on effect heterogeneities along the dimensions of skill and wage rigidity. The results show that less advantaged graduates experience persistent earnings declines as a result of adverse economic starting conditions. In sectors with higher collective bargaining coverage, these declines are driven by reduced employment stability while in sectors with lower coverage they are mainly driven by wage loss. Careers of more advantaged graduates, in turn, either recover gradually from the recession through a process of job-to-job, occupational, regional, and educational mobility, or are not negatively affected at all." (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2019/3