First impressions matter for life: the contribution of skills for the firt job

Gustavo Yamada, Pablo Lavado, Ana Paula Franco and Emilia Abusada
Additional contact information
Ana Paula Franco: Universidad del Pacífico
Emilia Abusada: Universidad del Pacífico

No 16-13, Working Papers from Centro de Investigación, Universidad del Pacífico

Abstract: This paper develops a model which provides a characterization of the joint distribution of the duration of search, accepted wages and skills with unobserved heterogeneity based on Eckstein and Wolpin (1995). We aim to estimate the effect of cognitive and socio-emotional skills on first job wages and duration of job search. Observed and unobserved heterogeneity are exploited as sources of identification. The data is drawn from the 2010 ENHAB which has not been used for this purpose before and which contains full retrospective information on first job outcomes and children. The model is estimated through a maximization of the joint Likelihood. Preliminary results regarding wages show that socio-emotional skills are the most valued among high skilled individuals, whereas cognitive skills are the most valued among low skilled individuals. Predicted wages for type I individuals are always above the observed wage, for every schooling level. Regarding duration of first job search, results show that the socio-emotional high skilled individual receives more job offers than the cognitive high skilled with the same schooling level.

Keywords: Cognitive skills; socioemotional skills; first job; wages; job search (search for similar items in EconPapers)
JEL-codes: J13 J21 (search for similar items in EconPapers)
Date: 2016-12
New Economics Papers: this item is included in nep-neu
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://repositorio.up.edu.pe/bitstream/handle/1135 ... quence=1&isAllowed=y Application/pdf

Related works:
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:pai:wpaper:16-13

Access Statistics for this paper

More papers in Working Papers from Centro de Investigación, Universidad del Pacífico Contact information at EDIRC.
Bibliographic data for series maintained by Giit ().