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Wiley InterScience | ||||||||||
  Scottish Journal of Political EconomyVolume 55 Issue 4, Pages 420 - 443 Published Online: 28 Jul 2008 Journal compilation © 2010 Scottish Economic Society Published on behalf of the Scottish Economic Society
Abstract | References | Full Text: HTML, PDF (Size: 160K) | Related Articles | Citation Tracking  OCCUPATIONAL AND INDUSTRY SPECIFICITY OF HUMAN CAPITAL IN THE BRITISH LABOUR MARKET Copyright Journal compilation © 2008 Scottish Economic Society KEYWORDS J24 • J31 • J41 KEYWORDS Occupational Experience • Industry Experience • Wages ABSTRACTThis paper builds on the recent literature on the importance of occupational and industry experience on wages and extends Kambourov and Manovskii's (2002) study using British data. Occupational experience is estimated to make a significant contribution to wage growth, while the evidence on industry specificity is not very supportive. The second contribution of the paper is that it assesses whether there is heterogeneity in the estimated returns to work experience across one-digit industries and occupations. The findings suggest that industry and occupational experience is important for individuals in professional and managerial jobs or jobs in the banking and finance sector. Date of receipt of final manuscript: 14 February 2008 | 
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