The Returns to Seniority in France (And why are they Lower than in the United States

@inproceedings{Beffy2006TheRT,
  title={The Returns to Seniority in France (And why are they Lower than in the United States},
  author={Magali Beffy and Mosche Buchinsky and Denis Foug{\`e}re and Thierry Kamionka and Francis Kramarz},
  year={2006}
}
We estimate a model of the joint participation and mobility along with the individuals' wage formation in France. Our model makes it possible to distinguish between unobserved person heterogeneity and state-dependence. We estimate the model using state of the art bayesian methods employing a long panel (1976-1995) for France. Our results clearly show that returns to seniority are small, and for some education groups are close to zero. The specification here is the same as that used in Buchinsky… CONTINUE READING

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