Dual Returns to Experience.

Autor/inn/en	Garcia-Louzao, Jose; Hospido, Laura; Ruggieri, Alessandro
Institution	Forschungsinstitut zur Zukunft der Arbeit
Titel	Dual Returns to Experience. Gefälligkeitsübersetzung: Doppelte Rendite durch Erfahrung.
Quelle	Bonn (2021), 28 S. PDF als Volltext kostenfreie Datei (1); PDF als Volltext kostenfreie Datei (2) Link als defekt meldenVerfügbarkeit
Reihe	IZA discussion paper. 14596
Sprache	englisch
Dokumenttyp	online; Monographie
Schlagwörter	Bildungsertrag; Einkommenseffekt; Lohnentwicklung; Arbeitsmarkt; Berufserfahrung; Befristeter Arbeitsvertrag; Unbefristeter Arbeitsvertrag; Dualität; Qualifikationsentwicklung; Berufsanfänger; Spanien
Abstract	"In this paper we study human capital accumulation and wage trajectories of young workers in a dual labor market. Using rich administrative data for Spain, we follow workers since labor market entry to measure experience accumulated under different contractual arrangements and relate it to current wages. We show that returns to experience accumulated in fixed-term contracts are, on average, lower than the returns to experience acquired in permanent jobs. However, this gap masks significant heterogeneity across individuals. The gap in returns widens along the skill distribution, where workers in the upper tail have the largest difference in returns. Moreover, among equally experienced workers, higher incidence of temporary employment in the past is associated with substantially lower wages. Ultimately, heterogeneous returns to experience translate into significant changes in the position of workers along the distribution of wage growth after 15 years in the labor market, bearing implications for life-cycle wage inequality." (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2022/2