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Title: Early Labor Market Experiences of Youth and Subsequent Wages
Resulting in 1 citation.
1. Smith, Marvin M.
Early Labor Market Experiences of Youth and Subsequent Wages
American Journal of Economics and Sociology 44,4 (October 1985): 391-400.
Also: http://onlinelibrary.wiley.com/doi/10.1111/j.1536-7150.1985.tb02365.x/abstract
Cohort(s): Young Men
Publisher: American Journal of Economics and Sociology, Inc.
Keyword(s): Benefits; Labor Market Outcomes; Unemployment; Unemployment Duration; Wages; Wages, Young Men

A single equation estimating procedure is used to examine the effects of the early labor market experiences (spells and duration of unemployment) of the Young Men's cohort during various years over the period 1966-1973 on their 1975 wages. The final sample consists of 385 young men who were out of school in 1966 but working full time in 1975. All regressions are estimated by ordinary least squares. Results show that spells of unemployment experienced very early tend to have an increasing effect on later wages. Later spells and the duration of unemployment generally lower subsequent wages. These results suggest that it is not necessary that every period of joblessness will have negative consequences in the future. Furthermore, the timing and length of unemployment seem to be important factors in determining whether they will yield later benefits or costs.
Bibliography Citation
Smith, Marvin M. "Early Labor Market Experiences of Youth and Subsequent Wages." American Journal of Economics and Sociology 44,4 (October 1985): 391-400.