Article2009

OCCUPATIONAL SPECIFICITY OF HUMAN CAPITAL*

681 citations0/0 files storedInternational Economic Review

No readable copy stored yet — this record is metadata only.

Labor market dynamics and wage inequality Retirement, Disability, and Employment Education and Labor Relations

Abstract

We find that returns to occupational tenure are substantial. Everything else being constant, 5 years of occupational tenure are associated with an increase in wages of 12%–20%. Moreover, when occupational experience is taken into account, tenure with an industry or employer has relatively little importance in accounting for the wage one receives. This finding is consistent with human capital being occupation specific.

Citations in this library

Stored only when both papers are in the corpus — 681 citations exist upstream.

References

1962Investment in Human Capital: A Theoretical Analysis 1974Schooling, Experience, and Earnings 1992Earnings Losses of Displaced Workers 1979Why Is There Mandatory Retirement?1962Labor as a Quasi-Fixed Factor 1992Job Mobility and the Careers of Young Men 1988Job Mobility and the Careers of Young Men 1998Incentives in Organizations

Cited by

2010How General Is Human Capital? A Task‐Based Approach 2009Occupational Mobility and Wage Inequality 2008RISING OCCUPATIONAL AND INDUSTRY MOBILITY IN THE UNITED STATES: 1968–97*2016Three Lenses on Occupations and Professions in Organizations:Becoming, Doing, and Relating 2014Labor Mobility: Implications for Asset Pricing 2007Establishment Size Dynamics in the Aggregate Economy 2015Where Have the Middle-Wage Workers Gone? A Study of Polarization Using Panel Data 2022Monopsony in the US Labor Market

Imported from OpenAlex (CC0) — nothing here is generated.