Resource title

The Timing of Careers and Human Capital Depreciation

Resource image

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Resource description

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.

Resource author

Astrid Kunze

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/21432

Resource license

Adapt according to the presented license agreement and reference the original author.