Artikel
The sources of wage growth in a developing country
What are the sources of wage growth in developing countries? In the USA, general labor market experience is the key source of wage growth, with job seniority playing a smaller role. By contrast, in Indonesia, the 10-year return to seniority is 24 to 28 %, which is higher than the return to experience. Furthermore, we estimate a 35 % return to 10 years of tenure in the formal sector, with no significant return to tenure in the informal sector. The difference in the sources of wage growth in Indonesia versus the USA may be a reflection of Indonesia's lower level of development.
- Language
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Englisch
- Bibliographic citation
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Journal: IZA Journal of Labor & Development ; ISSN: 2193-9020 ; Volume: 5 ; Year: 2016 ; Issue: 2 ; Pages: 1-43 ; Heidelberg: Springer
- Classification
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Wirtschaft
- Subject
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Human capital
Informal labor market
Returns to tenure
- Event
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Geistige Schöpfung
- (who)
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Marinescu, Ioana
Triyana, Margaret
- Event
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Veröffentlichung
- (who)
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Springer
- (where)
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Heidelberg
- (when)
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2016
- DOI
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doi:10.1186/s40175-016-0047-9
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Marinescu, Ioana
- Triyana, Margaret
- Springer
Time of origin
- 2016
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