Publikation:

Returns to Type or Tenure?

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0613.pdf
0613.pdfGröße: 397.28 KBDownloads: 349

Datum

2006

Autor:innen

Amann, Roland A.
Klein, Tobias J.

Herausgeber:innen

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http://nbn-resolving.de/urn:nbn:de:bsz:352-opus-18921
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Urheberrechtlich geschützt

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Wirtschaftswissenschaften: Publikationen
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Titel in einer weiteren Sprache

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Working Paper/Technical Report
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Published

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Zusammenfassung

This paper takes a closer look at the way unobserved characteristics of individuals confound wages and firm tenure. In turn of our structural analysis, which is built on estimating a reduced form for tenure and a structural wage equation, we disentangle returns to a latent type variable from estimates of general returns to tenure. The obtained results for Germany indicate that the type plays a crucial role in the remuneration of employees. As compared to types who stay, quitters earn less on average, but obtain steeper wage profiles in tenure. This nonseparability has previously remained unnoticed in the literature.

Zusammenfassung in einer weiteren Sprache

Fachgebiet (DDC)
330 Wirtschaft

Schlagwörter

Einkünfte nach Beschäftigungsdauer, unbeobachtete Heterogenität, Kontrollfunktionsansatz, nicht trennbares Modell, Returns to tenure, unobserved heterogeneity, control function approach, nonseparable model

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ISO 690AMANN, Roland A., Tobias J. KLEIN, 2006. Returns to Type or Tenure?
BibTex
@techreport{Amann2006Retur-11921,
  year={2006},
  series={Diskussionspapiere der DFG-Forschergruppe Heterogene Arbeit},
  title={Returns to Type or Tenure?},
  number={06/13},
  author={Amann, Roland A. and Klein, Tobias J.}
}
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