Who Gets Their First Job at a Large Firm? The Distinct Roles of Education and Skills
AEA Papers and Proceedings
vol. 111,
May 2021
(pp. 465-69)
Abstract
Young workers' early years in the labor market are a key and formative time. Using data from 31 countries, this article documents the selection of labor market entrants into large firms, which existing literature associates with propitious environments for young workers. The young and inexperienced are underrepresented at large firms compared to experienced and older workers. Entrants who do get their first job at large firms are positively selected in terms of education and cognitive skills. The patterns of large-firm selection (i.e., importance of education vs. skills) somewhat differ between Europe, East and Southeast Asia, and North America.Citation
Arellano-Bover, Jaime. 2021. "Who Gets Their First Job at a Large Firm? The Distinct Roles of Education and Skills." AEA Papers and Proceedings, 111: 465-69. DOI: 10.1257/pandp.20211009Additional Materials
JEL Classification
- J24 Human Capital; Skills; Occupational Choice; Labor Productivity
- L25 Firm Performance: Size, Diversification, and Scope
- J41 Labor Contracts