| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13158 |
| DP13158 Which Ladder to Climb? Decomposing Life Cycle Wage Dynamics | |
| Christian Bayer; Moritz Kuhn | |
| 发表日期 | 2018-09-04 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | Wages grow and become more unequal as workers age. Economic theory focuses on worker investment in human capital, search for employers, and residual wage shocks to account for these life cycle wage dynamics. We highlight the importance of jobs: collections of tasks and duties defined by employers within the production process. We provide empirical evidence that climbing the career ladder toward jobs characterized by more responsibility, complexity, and autonomy accounts for the largest part of life cycle wage dynamics. It accounts for 50% of average wage growth, 50% of rising differences between gender, and virtually all of rising dispersion within gender over the life cycle. |
| 主题 | Labour Economics ; Macroeconomics and Growth ; Monetary Economics and Fluctuations |
| 关键词 | Human capital Life-cycle wage growth Wage inequality Careers |
| URL | https://cepr.org/publications/dp13158-0 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541961 |
| 推荐引用方式 GB/T 7714 | Christian Bayer,Moritz Kuhn. DP13158 Which Ladder to Climb? Decomposing Life Cycle Wage Dynamics. 2018. |
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