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Title: The Determinants of Black-White Differences in Early Employment Careers: Search, Layoffs, Quits and Endogenous Wage Growth
Resulting in 1 citation.
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Wolpin, Kenneth I. |
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The Determinants of Black-White Differences in Early Employment Careers: Search, Layoffs, Quits and Endogenous Wage Growth Journal of Political Economy 100,3 (June 1992): 535-560. Also: http://www.jstor.org/stable/2138730 Cohort(s): NLSY79 Publisher: University of Chicago Press Keyword(s): Endogeneity; Job Patterns; Job Search; Layoffs; Mobility; Quits; Transition, School to Work; Unemployment Compensation; Wages; Work Experience; Work Histories This paper studies the transition from school to full-time employment and subsequent labor mobility during the first five post-schooling years for several recent cohorts of black and white male high school graduates, those who graduated from high school between 1978 and 1984. A comparison of the early employment transition process using unique data from the NLSY reveals important differences in the accumulation of work experience for black and white male high school graduates. The most important general findings are as follows: (1) Blacks have higher probabilities of receiving job offers than whites, and a higher layoff probability. History matters in the propensity to receive offers differently by race. While unemployed the probability of receiving an offer increases with work experience for blacks, but decreases for whites; while employed these relationship are reversed. (2) Work experience has a substantially higher payoff for whites than for blacks overall. Specific experience is relatively more important than general experience for blacks while the opposite is true for whites. (3) If blacks faced the same wage offer structure, all else the same, they would accumulate general work experience more rapidly than whites. However, black accepted wages would still be lower than whites. (4) Increasing unemployment compensation benefits, all else the same, has very little effect on whites but substantially increases the propensity for blacks to accept a first job. |
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Bibliography Citation
Wolpin, Kenneth I. "The Determinants of Black-White Differences in Early Employment Careers: Search, Layoffs, Quits and Endogenous Wage Growth." Journal of Political Economy 100,3 (June 1992): 535-560.
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