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dc.contributor.authorBrunner, Beatriceen_US
dc.contributor.authorKuhn, Andreasen_US
dc.date.accessioned2010-01-27en_US
dc.date.accessioned2010-07-07T12:03:47Z-
dc.date.available2010-07-07T12:03:47Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/35885-
dc.description.abstractWe study the long-run effects of initial labor market conditions on wages for a large sample of male individuals entering the Austrian labor market between 1978 and 2000. We find a robust negative effect of unfavorable entry conditions on starting wages. This initial effect turns out to be quite persistent and even though wages do catch up later on, large effects on lifetime earnings result. We also show that initial labor market conditions have smaller and less persistent effects for blue-collar workers than for white-collar workers. We further show that some of the long-run adjustment takes place through changes in job-mobility and employment patterns as well as in job tenure. Finally, we find that adjustments at the aggregate level are key to explain wages' adjustment process in the longer run.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 4601en_US
dc.subject.jelE3en_US
dc.subject.jelJ2en_US
dc.subject.jelJ3en_US
dc.subject.jelJ6en_US
dc.subject.jelM5en_US
dc.subject.ddc330en_US
dc.subject.keywordLabor market cohortsen_US
dc.subject.keywordinitial labor market conditionsen_US
dc.subject.keywordlong-run wage profilesen_US
dc.subject.keywordpersistence of labor market shocksen_US
dc.subject.keywordunemploymenten_US
dc.subject.keywordbusiness cycleen_US
dc.subject.stwErwerbsverlaufen_US
dc.subject.stwLohnstrukturen_US
dc.subject.stwKonjunkturelle Arbeitslosigkeiten_US
dc.subject.stwLebenseinkommenen_US
dc.subject.stwArbeitsmobilitäten_US
dc.subject.stwÖsterreichen_US
dc.titleTo shape the future: how labor market entry conditions affect individuals' long-run wage profilesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn617294801en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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