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dc.contributor.authorBrunner, Beatriceen
dc.contributor.authorKuhn, Andreasen
dc.date.accessioned2010-01-27-
dc.date.accessioned2010-07-07T12:03:47Z-
dc.date.available2010-07-07T12:03:47Z-
dc.date.issued2009-
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
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x4601en
dc.subject.jelE3en
dc.subject.jelJ2en
dc.subject.jelJ3en
dc.subject.jelJ6en
dc.subject.jelM5en
dc.subject.ddc330en
dc.subject.keywordLabor market cohortsen
dc.subject.keywordinitial labor market conditionsen
dc.subject.keywordlong-run wage profilesen
dc.subject.keywordpersistence of labor market shocksen
dc.subject.keywordunemploymenten
dc.subject.keywordbusiness cycleen
dc.subject.stwErwerbsverlaufen
dc.subject.stwLohnstrukturen
dc.subject.stwKonjunkturelle Arbeitslosigkeiten
dc.subject.stwLebenseinkommenen
dc.subject.stwArbeitsmobilitäten
dc.subject.stwÖsterreichen
dc.titleTo shape the future: how labor market entry conditions affect individuals' long-run wage profiles-
dc.type|aWorking Paperen
dc.identifier.ppn617294801en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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