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http://hdl.handle.net/10419/35598
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| Title: | | Long-term impact of youth minimum wages: evidence from two decades of individual longitudinal data  |
| Authors: | | Cardoso, Ana Rute |
| Issue Date: | | 2009 |
| Series/Report no.: | | IZA Discussion Papers 4236 |
| Abstract: | | This paper quantifies the long-run impact of exposure to youth minimum wages and sheds light on its mechanisms. It uses remarkable longitudinal data spanning for twenty years and explores legislative changes that define groups of teenagers exposed for different durations. After controlling for the contemporaneous impact of the minimum wage, its long-run impact translates into: an overall wage premium, consistent with an upgrading in the quality of jobs offered; a flatter tenure-earnings profile, consistent with lower initial investment in firm-specific training. Interestingly, the overall wage premium increases with exposure and the tenure-earnings profile is flatter the longer the exposure. |
| Subjects: | | Skill formation human capital investment on-the-job-training career long-term linked employer-employee data |
| JEL: | | J08 J31 J24 J38 |
| Persistent Identifier of the first edition: | | urn:nbn:de:101:1-20090622190 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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