Returns to Type or Tenure?

Amann, Roland A.; Klein, Tobias J.

Returns to Type or Tenure?

Dateien

0613.pdfGröße: 397.28 KBDownloads: 342

Datum

2006

Autor:innen

Amann, Roland A.

Klein, Tobias J.

Open Access-Veröffentlichung

Open Access Green

Sammlungen

Wirtschaftswissenschaften

Publikationstyp

Working Paper/Technical Report

Publikationsstatus

Published

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.

Fachgebiet (DDC)

330 Wirtschaft

Schlagwörter

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

Zitieren

ISO 690

AMANN, 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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