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- W2121983940 abstract "I estimate the return to seniority for Danish male labour market entrants. To circumvent the endogenity of seniority I apply a method suggested by Lillard (1999) to estimate the joint distribution of wage and seniority. The model is estimated on a matched employer-employee panel dataset allowing me to control for individual specifi ce ffects and match specifi ce ffects in a two-way error component wage equation with endogenous mobility. I find that the return to seniority is small and that the lion’s share of earnings growth is due to return to general labour market experience. Furthermore, I find that ”high ability” workers tend to earn more and have shorter job-durations, while ”match quality” only affects wages." @default.
- W2121983940 created "2016-06-24" @default.
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- W2121983940 date "2004-01-01" @default.
- W2121983940 modified "2023-09-27" @default.
- W2121983940 title "The Return to Seniority for Danish Male Labour Market Entrants" @default.
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