EconPapers    
Economics at your fingertips  
 

Dream Jobs

Gianmarco Ottaviano, Giordano Mion and Luca David Opromolla

No 15027, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Understanding why certain jobs are 'better' than others and what implications they have for a worker's career is clearly an important but still relatively unexplored question. We provide both a theoretical framework and a number of empirical results that help distinguishing 'good' from 'bad' jobs in terms of their impact on a worker's lifetime wage income profile through wage jumps occurring upon changing job ('static effects') or through increases in the wage growth rate ('dynamic effects'). We find that the distinction between internationally active firms and domestic firms is a meaningful empirical dividing line between employers providing 'good' and 'bad' jobs. First, in internationally active firms the experience-wage profile is much steeper than in domestic firms, especially for managers as opposed to blue-collar workers. Second, the higher lifetime wage income for managers in internationally active firms relies on the stronger accumulation of experience that these firms allow for and on the (almost) perfect portability of the accumulated dynamic wage gains to other firms. Static effects are instead much more important for blue-collar workers. Finally, the distinction between internationally active and domestic firms is relevant also at a more aggregate level to explain cross-sectional differences in wages among workers and spatial differences in average wages across regions within a country.

Keywords: Good jobs; International experience; Managers; Sorting; Wage growth; Wage premium (search for similar items in EconPapers)
JEL-codes: F16 J30 J62 M12 (search for similar items in EconPapers)
Date: 2020-07
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://cepr.org/publications/DP15027 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Working Paper: Dream jobs (2020) Downloads
Working Paper: Dream Jobs (2020) Downloads
Working Paper: Dream jobs (2020) Downloads
Working Paper: Dream Jobs (2020) Downloads
Working Paper: Dream Jobs (2020) Downloads
Working Paper: Dream Jobs (2020) Downloads
Working Paper: Dream jobs (2020) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:15027

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP15027

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().

 
Page updated 2025-03-23
Handle: RePEc:cpr:ceprdp:15027