Early Labour Market Careers of Young Business Economists in Sweden

M Fornwall

Working Papers from Uppsala - Working Paper Series

Abstract: A new Swedish dataset is used to examine the relationships between education, experience and earnings. We focus on four issues, namely (i) the determinants of starting salaries, (ii) the relationship between post-school-investment in human capital and wage growth, (iii) the determinants of current salaries, and (iv) the determinants of fringe benefits. The results indicate that a lower starting salary led to faster wage growth and that the return to formal firm-provided education was substantial in terms of wage growth. The results further indicate that accurate information on experience is essential, since different kinds of experience affect earnings differently.

Keywords: SWEDEN; LABOUR MARKET; WAGE SCALE (search for similar items in EconPapers)
JEL-codes: I21 J31 (search for similar items in EconPapers)
Pages: 44 pages
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:fth:uppaal:1996-14

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