Séminaire de Elliott WEDER

Séminaire de Elliott WEDER

Le 12 mai 2026

Le prochain séminaire du GAINS aura lieu le 12 mai 2026 de 10h30 à 12h00 en salle T204. Elliott WEDER (Erasmus School of Economics) présentera « Firms, Intangibles, and the Changing Shape of Early Careers ».

Abstract:  Early-career outcomes are an important determinant of lifetime earnings. Using population-wide Dutch administrative data covering 2006 to 2024, I document that labour market entry rates fell by 7% across cohorts, while the wage return to early-career experience rose by 6% in the first year and 9% cumulatively by the fifth. These shifts occurred within firms and are not explained by selection, sorting, or changes in cohort composition. I link these patterns to the rise of intangible capital, which is complementary to labour market experience. Exploiting discrete firm-level investment spikes in an event study design, I show that firms reduce entry-level hiring yet offer steeper wage trajectories to the entrants they do hire, matching the aggregate patterns.

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Pour ceux qui ne peuvent pas venir en présentiel, voici un lien zoom:

https://univ-lemans-fr.zoom.us/j/91642397548?pwd=wOt2Bh2oZ0NjOvGLQ5JlEZR2Kzha4d.1

Meeting ID: 916 4239 7548
Passcode: 073930