Why Do Wages Grow Faster for Educated Workers?

Autor/in	Deming, David J.
Institution	National Bureau of Economic Research
Titel	Why Do Wages Grow Faster for Educated Workers? Gefälligkeitsübersetzung: Warum steigen die Löhne von gebildeten Arbeitnehmern schneller?.
Quelle	Cambridge, Mass: National Bureau of Economic Research (2023), 44 S. PDF als Volltext kostenfreie Datei (1); PDF als Volltext kostenfreie Datei (2); PDF als Volltext (3); PDF als Volltext (4) Link als defekt meldenVerfügbarkeit
Reihe	NBER working paper / National Bureau of Economic Research. 31373
Beigaben	Illustrationen
Sprache	englisch
Dokumenttyp	online; Monographie
DOI	10.3386/w31373
Schlagwörter	Bildungsertrag; Treue; Lohnentwicklung; Arbeitsplatzwahl; Qualifikation; Berufswahl; On-the-Job-Training; Betriebszugehörigkeit; Arbeitspapier; Auswirkung; Einflussfaktor; Entwicklung; Hochschulabsolvent; USA
Abstract	"The U.S. college wage premium doubles over the life cycle, from 27 percent at age 25 to 60 percent at age 55. Using a panel survey of workers followed through age 60, I show that growth in the college wage premium is primarily explained by occupational sorting. Shortly after graduating, workers with college degrees shift into professional, nonroutine occupations with much greater returns to tenure. Nearly 90 percent of life cycle wage growth occurs within rather than between jobs. To understand these patterns, I develop a model of human capital investment where workers differ in learning ability and jobs vary in complexity. Faster learners complete more education and sort into complex jobs with greater returns to investment. College acts as a gateway to professional occupations, which offer more opportunity for wage growth through on-the-job learning." The study refers to the period 1997-2019. (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2024/1