The Timing of Careers and Human Capital Depreciation

39 Pages Posted: 29 Jul 2002

See all articles by Astrid Kunze

Astrid Kunze

Norwegian School of Economics (NHH) - Department of Economics; Institute for the Study of Labor (IZA); CESIfo

Date Written: June 2002

Abstract

This paper explores the short and long run effects of career interruptions on wages for young skilled workers in West Germany. The analysis distinguishes four types of career interruptions: unemployment, parental leave for female workers, national service for male workers and other non-work spells. We adopt the human capital model by Mincer and Polachek (1974) with homogenous human capital and test whether net depreciation is equal across types of employment interruptions, and equal in the short and in the long run. The main findings are that timing effects seem important and net depreciation differs across types of interruptions.

Keywords: Wage Determination, Human Capital Depreciation, Unemployment

JEL Classification: J16, J3, J7

Suggested Citation

Kunze, Astrid, The Timing of Careers and Human Capital Depreciation (June 2002). Available at SSRN: https://ssrn.com/abstract=319961 or http://dx.doi.org/10.2139/ssrn.319961

Astrid Kunze (Contact Author)

Norwegian School of Economics (NHH) - Department of Economics ( email )

Helleveien 30
N-5035 Bergen, NO-5045
Norway
+ 47 55 95 97 54 (Phone)
+ 47 55 95 95 43 (Fax)

HOME PAGE: http://www.nhh.no/en/employees/faculty/astrid-kunze/

Institute for the Study of Labor (IZA) ( email )

P.O. Box 7240
Bonn, D-53072
Germany
+49 228 38 94 221 (Phone)
+49 228 38 94 180 (Fax)

CESIfo ( email )

Poschinger Str. 5
Munich, DE-81679
Germany

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
425
Abstract Views
2,537
rank
95,873
PlumX Metrics