Abstract
We study how jobs in internationally active firms differ from those in domestic firms in terms of their impact on employees’ experience-wage profiles through wage jumps occurring upon changing job (‘static effects’) or increases in the wage growth rate (‘dynamic effects’). By estimating a series of Mincerian wage equations and carefully dealing with issues associated with unobservables, selection and endogeneity, we find that in internationally active firms experiencewage profiles are much steeper than in domestic firms, especially for managers as opposed to blue-collar workers for whom static effects are more important. We provide evidence suggesting that the steeper wage profiles of managers in internationally active firms come from a stronger accumulation of human capital, while at the same time highlighting that learning from coworkers plays an important role.
Local Organizer: Paolo Vanin