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Title: Distribution and Determinants of Individual Wage Profile Slopes
Resulting in 1 citation.
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Diamond, Arthur M., Jr. |
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Distribution and Determinants of Individual Wage Profile Slopes Report, Columbus OH: Center for Human Resource Research, The Ohio State University, 1983 Cohort(s): Young Men Publisher: Center for Human Resource Research Keyword(s): Earnings; Employment; Labor Market, Secondary; Wages Individual wage profile slopes have been estimated for the first time using 5-10 (not necessarily consecutive) years of wage observations for 1,577 young men from the NLS of Young Men. The distribution of wage slopes centers around a mean annual percentage increase in real wages of 4 percent. The apparent unimodality of the distribution of the slopes as well as the preponderance of positive slopes even for high school dropouts may constitute additional evidence against the dual labor markets theory. The determinants of the slopes were learned by regressing the slopes on human capital variables and on other control variables. Wage slopes increase with education, years of marriage, and years of additional experience. Wage slopes decrease with age in year one, the wage in the first year, the years of experience in the first year and the number of observations used in calculating the slope. Also, whites had higher slopes than blacks. |
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Bibliography Citation
Diamond, Arthur M., Jr. "Distribution and Determinants of Individual Wage Profile Slopes." Report, Columbus OH: Center for Human Resource Research, The Ohio State University, 1983. |