Details
| Translated title of the contribution | Die veränderliche Situation für Berufseinsteiger in Deutschland: Eine Langzeitanalyse von Löhnen und Beschäftigungsmustern |
|---|---|
| Original language | English |
| Pages (from-to) | 161-174 |
| Number of pages | 14 |
| Journal | Journal for Labour Market Research |
| Volume | 50 |
| Issue number | 1 |
| Early online date | 25 Apr 2017 |
| Publication status | Published - Aug 2017 |
Abstract
Concurrently with a steady increase of the supply of college educated workers, recent evidence for the U.S. indicated a decline in the demand for and the real wages of this group after 2000. We investigate empirically, whether there has been a similar trend in Germany. Based on comprehensive, long-run administrative data for the years 1975 to 2010, we use a set of employment indicators to analyze labor market patterns of job market entrants. Besides consideration of the developments of education attainment and wages over time, we put a particular focus on changes of the task composition, the chances of entering top-paying jobs, entry wages and wage growth, and skill premia over time. To allow for a detailed analysis, we distinguish four education groups. The empirical picture shows that since the year 2000 job entrants with higher education have experienced decreasing employment shares in top-paying positions. Moreover, starting wages and wage growth have both decreased until the end of the observation period, too. A reason for this has been the substitution of jobs that were formerly executed by lower qualifications. Our findings reveal similarities between Germany and the U.S. in terms of some declining fortunes of the young. However, whereas in the U.S. college educated workers have been affected, the results indicate that in Germany the medium-skilled and low-skilled have been particularly impaired.
ASJC Scopus subject areas
- Business, Management and Accounting(all)
- Industrial relations
- Economics, Econometrics and Finance(all)
- Economics and Econometrics
- Business, Management and Accounting(all)
- Organizational Behavior and Human Resource Management
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In: Journal for Labour Market Research, Vol. 50, No. 1, 08.2017, p. 161-174.
Research output: Contribution to journal › Article › Research › peer review
}
TY - JOUR
T1 - The changing situation of labor market entrants in Germany
T2 - A long-run analysis of wages and occupational patterns
AU - Reinhold, Mario
AU - Thomsen, Stephan
PY - 2017/8
Y1 - 2017/8
N2 - Concurrently with a steady increase of the supply of college educated workers, recent evidence for the U.S. indicated a decline in the demand for and the real wages of this group after 2000. We investigate empirically, whether there has been a similar trend in Germany. Based on comprehensive, long-run administrative data for the years 1975 to 2010, we use a set of employment indicators to analyze labor market patterns of job market entrants. Besides consideration of the developments of education attainment and wages over time, we put a particular focus on changes of the task composition, the chances of entering top-paying jobs, entry wages and wage growth, and skill premia over time. To allow for a detailed analysis, we distinguish four education groups. The empirical picture shows that since the year 2000 job entrants with higher education have experienced decreasing employment shares in top-paying positions. Moreover, starting wages and wage growth have both decreased until the end of the observation period, too. A reason for this has been the substitution of jobs that were formerly executed by lower qualifications. Our findings reveal similarities between Germany and the U.S. in terms of some declining fortunes of the young. However, whereas in the U.S. college educated workers have been affected, the results indicate that in Germany the medium-skilled and low-skilled have been particularly impaired.
AB - Concurrently with a steady increase of the supply of college educated workers, recent evidence for the U.S. indicated a decline in the demand for and the real wages of this group after 2000. We investigate empirically, whether there has been a similar trend in Germany. Based on comprehensive, long-run administrative data for the years 1975 to 2010, we use a set of employment indicators to analyze labor market patterns of job market entrants. Besides consideration of the developments of education attainment and wages over time, we put a particular focus on changes of the task composition, the chances of entering top-paying jobs, entry wages and wage growth, and skill premia over time. To allow for a detailed analysis, we distinguish four education groups. The empirical picture shows that since the year 2000 job entrants with higher education have experienced decreasing employment shares in top-paying positions. Moreover, starting wages and wage growth have both decreased until the end of the observation period, too. A reason for this has been the substitution of jobs that were formerly executed by lower qualifications. Our findings reveal similarities between Germany and the U.S. in terms of some declining fortunes of the young. However, whereas in the U.S. college educated workers have been affected, the results indicate that in Germany the medium-skilled and low-skilled have been particularly impaired.
KW - Education groups
KW - Labor demand
KW - Labor supply
KW - Occupational sorting
KW - Wages
UR - http://www.scopus.com/inward/record.url?scp=85024889082&partnerID=8YFLogxK
U2 - 10.1007/s12651-017-0227-3
DO - 10.1007/s12651-017-0227-3
M3 - Article
AN - SCOPUS:85024889082
VL - 50
SP - 161
EP - 174
JO - Journal for Labour Market Research
JF - Journal for Labour Market Research
SN - 1614-3485
IS - 1
ER -