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Sources of Wage Growth
Journal of Political Economy ( IF 9.637 ) Pub Date : 2023-01-13 , DOI: 10.1086/721657
Jérôme Adda 1, 2 , Christian Dustmann 1, 2
Affiliation  

This paper investigates the sources of wage growth over the life cycle, determined by sectoral and firm mobility, unobserved ability, the accumulation of cognitive-abstract or routine-manual skills, and whether workers enroll in vocational training at the start of their career. Our analysis uses longitudinal administrative data over three decades and shows that routine-manual skills drive early wage growth, while cognitive-abstract skills become more important later. Moreover, job amenities are an important determinant of mobility decisions. Vocational training has long-term effects on career outcomes through various channels and generates returns for both the individual and society.

中文翻译:

工资增长的来源

本文调查了生命周期中工资增长的来源,这取决于部门和公司的流动性、未观察到的能力、抽象认知或日常手工技能的积累,以及工人是否在职业生涯开始时参加职业培训。我们的分析使用了三十多年的纵向行政数据,表明日常手工技能推动了早期工资增长,而认知抽象技能在以后变得更加重要。此外,工作便利性是流动决策的重要决定因素。职业培训通过各种渠道对职业成果产生长期影响,并为个人和社会带来回报。
更新日期:2023-01-14
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