Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/271313 
Year of Publication: 
2022
Citation: 
[Journal:] Journal for Labour Market Research [ISSN:] 2510-5027 [Volume:] 56 [Issue:] 1 [Article No.:] 16 [Year:] 2022 [Pages:] 1-21
Publisher: 
Springer, Heidelberg
Abstract: 
It is often stated that certain occupations in Germany, because of "Demographic Change ", are dwindling, implying a labor shortage. We investigate the 10-year wage growth of young employees entering the labor market in different occupations. Our findings suggest that regional labor market tightness in occupational fields significantly explains wage growth. Individuals who start their careers in a tighter labor market enjoy higher wage growth than workers in more relaxed labor markets. We identify some occupational fields where the effect is especially strong, such as several engineering groups, IT occupations, technicians, and some commercial occupations. Interestingly, health-care occupations reveal a reverse relation.
Subjects: 
Labor shortages
Occupation-specific wage curve
Demographic change
Wage growth
JEL: 
J31
J44
R23
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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