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Life-cycle earnings role of labor market sorting and job mobility
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Orientador(es)
Resumo(s)
This paper studies how the underlying factors that determine an individual's
wage changes over their life-cycle, how these factors change at di erent education
levels, and when a worker makes job-to-job moves. Using a longitudinal matched
employer-employee data set from the Portuguese Ministry of Labor; I nd that
human capital accumulation and job mobility play an important role in wage growth
during the beginning of an individual's career. More speci cally, I nd that after
20 years of work wages increase, on average 41%. A large fraction of the returns
to labor market experience is rooted in the returns to general training (25%) but
sorting into better paying rms and job/titles is responsible for a signi cant 19%
and 10% of the returns to labor market experience, respectively. Job-to-job mobility
also enhances life-cycle earning (14%), as does the ability of the worker (32%).
Descrição
Palavras-chave
Labor market experience Fixed effects Wages Portugal