| Título: | Industry-Specific Capital and the Wage Profile: Evidence from the NLSY and the PSID |
| Autores: | Parent, Daniel |
| Fecha: |
2011-10-26 2011-10-26 1995-11-01 |
| Publicador: | Universidad de Princenton |
| Fuente: |
 |
| Tipo: | Working Paper |
| Tema: |
tenure effect industry-specific capital |
| Descripción: | Using data from the NLSY (1979-1991) and from the PSID (1981-1987), l seek to determine whether there is any net positive return to tenure with the current employer once we control for industry-specific capital. Using data from the PSID, Topel (JPE 1991) concluded that 10 years of seniority with an employer translated into a net return of about 25%. However, once l include total experience in the industry as an additional explanatory variable, the return to seniority is markedly reduced when 1 use GLS while it virtually disappears when l use IV-GLS, although this conclusion varies somewhat according to the occupation category. Note also that this result holds whether the analysis is carried out at the 1-digit or 3-digit levels. Therefore, it seems that what matters most for the wage profile in terms of human capital is not so much firm-specificity but industry-specificity. In other words, for these two samples of workers, the wage formation process appears to be quite competitive. |
| Idioma: | No aplica |
1 Engineering solutions for a carbon-constrained world por Celia, M. A.,Nordbotten, J. M. | 6 Impact of capillary forces on large-scale migration of CO2 por Nordbotten, Jan M.,Dahle, Helge K. |
2 Analysis of Plume Extent using Analytical Solutions for CO2 Storage por Nordbotten, Jan M.,Celia, Michael A. | 7 Impact of geological heterogeneity on early-stage CO2 plume migration por Ashraf, Meisam,Lie, Knut-Andreas,Nilsen, Halvor M.,Nordbotten, Jan M.,Skorstad, Arne |
3 A model-oriented benchmark problem for CO2 storage por Dahle, Helge K.,Eigestad, Geir T.,Nordbotten, Jan M.,Pruess, K. | 8 CO2 trapping in sloping aqiufers: High resolution numerical simulations por Elenius, Maria,Tchelepi, Hamdi,Johannsen, Klaus |
4 Report from CO2 storage workshop por Dahle, Helge K.,Lien, Martha,Nordbotten, Jan M.,Lie, Knut-Andreas,Braathen, Alvar,Helmig, Rainer,Class, Holger,Celia, Michael A. | 9 Streamline methods for parabolic differential equations por Hafver, Jørn |
5 Summary of Princeton Workshop on Geological Storage of CO2 por Celia, Michael A.,Nordbotten, Jan M.,Bachu, Stefan,Kavetski, Dmitri,Gasda, Sarah | 10 Vertically Averaged Models for CO2 Storage in Porous Media por Hammer, Andreas |