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Title: Wages and the Composition of Experience
Resulting in 1 citation.
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Goldsmith, Arthur H. Veum, Jonathan R. |
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Wages and the Composition of Experience Southern Economic Journal 69,2 (October 2002): 429-445. Also: http://www.jstor.org/stable/1061681 Cohort(s): NLSY79 Publisher: Southern Economic Association Keyword(s): Career Patterns; Human Capital Theory; Job Skills; Job Tenure; Job Turnover; Wage Models; Wage Theory; Work Experience This paper provides evidence on the relation between alternative forms of experience and wages using data drawn from the National Longitudinal Survey of Youth. Prior labor market experience is segmented into mutually exclusive categories based on industry and occupation to examine how subsequent employers value skills acquired on previous jobs. We find that most forms of experience, including tenure at the current job, provide a comparable return. However, the wage return to prior experience in a different occupation and industry is significantly lower. Such "career changes" constitute over half of all prior work experience among workers in their mid-30s. [ABSTRACT FROM AUTHOR] |
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Bibliography Citation
Goldsmith, Arthur H. and Jonathan R. Veum. "Wages and the Composition of Experience." Southern Economic Journal 69,2 (October 2002): 429-445.
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