Working Paper

The changing pattern of wage growth for low skilled workers


Abstract: We examine the key components that determine an individual's early career wage growth and how these factors have changed for less skilled workers over the last twenty years. In particular, we examine the relative importance of accumulating work experience as compared to the quality of job matches in influencing wage growth. Our main finding is that over this period, the vast majority of the variation in wage growth is due to variability in the return to experience.

Keywords: Wages; Displaced workers;

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Authors

    Taber, Christopher

    French, Eric

    Mazumder, Bhashkar

Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Working Paper Series

Publication Date: 2005

Number: WP-05-24