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Occupational and industry specificity of human capital in the British labour market

By Alexandros Zangelidis

Abstract

This paper builds on the recent literature on the importance of occupational and industry experience on wages and extends Kambourov and Manovskii’s (2002) study using British data. Occupational experience is estimated to make a significant contribution to wage growth, while the evidence on industry specificity is not very supportive. The second contribution of the paper is that it assesses whether there is heterogeneity in the estimated returns to work experience across 1-digit industries and occupations. The findings suggest that industry and occupational experience is important for individuals in professional and managerial jobs or jobs in the banking and finance sector

Topics: Occupational Experience, Industry Experience, Wages
Year: 2007
OAI identifier: oai:aura.abdn.ac.uk:2164/168
Journal:

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Citations

  1. (2007). Average employer‐match 1‐digit 1.5 1.3 2‐digit 1.7 1.5 3‐digit 1.8 1.7 Note: Numbers into brackets refer to the corresponding average number of occupations/industry sectors for those individuals who changed at least once occupation/industry.
  2. check whether the starting date current job in
  3. (1992). I return to the first the the experience here is first to identify the employment spells during the period between
  4. (1992). interview or afterwards.
  5. (1990). The occupations are classified according to the Standard Occupational Classification
  6. (1993). The Unemployment Crisis in Aerospace, of Ong, Workers. Parent, from

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