Di¤erences in Wage Growth by Education Level Do LessEducated Workers Gain Less from Work Experience?
نویسندگان
چکیده
This paper revisits the old question of whether wage growth di¤ers by education level. Do more educated workers invest more than less educated workers in rm speci c, sector speci c or general human capital? Do they gain more from improved job match? The paper makes both a methodological and a substantive contribution by o¤ering an alternative strategy for separately identifying returns to general experience, sector speci c experience, rm tenure, and job match. Our empirical results, based on the Survey of Income and Program Participation, show that overall wage growth is higher for moreeducated workers. This reects higher returns to general experience for college graduates and higher returns to sector experience for high school graduates. Improvements in job match grow monotonically with education. Helen Connolly, Department of Economics, Northeastern University, Boston, MA 02115. Peter Gottschalk, Economics Department, Boston College, Chestnut Hill, MA 02467. This project was funded under a grant from the Russell Sage Foundation. We want to o¤er special thanks to Steven Haider and Derek Neal for their useful comments. Di¤erences in Wage Growth by Education Level Do LessEducated Workers Gain Less from Work Experience?
منابع مشابه
Differences in Wage Growth by Education Level: Do Less-Educated Workers Gain Less from Work Experience?
Differences in Wage Growth by Education Level: Do Less-Educated Workers Gain Less from Work Experience? This paper revisits the old question of whether wage growth differs by education level. Do more educated workers invest more than less educated workers in firm specific, sector specific or general human capital? Do they gain more from improved job match? The paper makes both a methodological ...
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