@techreport{Amann2006Retur-11921,
  year={2006},
  series={Diskussionspapiere der DFG-Forschergruppe Heterogene Arbeit},
  title={Returns to Type or Tenure?},
  number={06/13},
  author={Amann, Roland A. and Klein, Tobias J.}
}

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    <dcterms:abstract xml:lang="eng">This paper takes a closer look at the way unobserved characteristics of individuals confound wages and firm tenure. In turn of our structural analysis, which is built on estimating a reduced form for tenure and a structural wage equation, we disentangle returns to a latent type variable from estimates of general returns to tenure. The obtained results for Germany indicate that the type plays a crucial role in the remuneration of employees. As compared to types who stay, quitters earn less on average, but obtain steeper wage profiles in tenure. This nonseparability has previously remained unnoticed in the literature.</dcterms:abstract>
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