The DOI matches its Crossref record; 25 of the 25 references it cites were found in a registry or an index.
Cashier or Consultant? Entry Labor Market Conditions, Field of Study, and Career Success
Abstract
We measure impacts of entry conditions on labor market outcomes for the US college graduating classes of 1974–2011. A large recession reduces initial earnings by 10%, through full-time work and wages, with small persistent impacts on wages. Those in high-paying majors experience smaller impacts on most labor market outcomes, widening earnings inequality across majors. In the Great Recession, early earnings losses are much larger than predicted given past patterns and the size of the recession. This is partially because the cyclical sensitivity of demand for college graduates has more than doubled. Recession effects also became more evenly distributed across majors.
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Cites
Estimation and Inference in Two-Step Econometric Models
Murphy, K. M., & Topel, R. H. (2002) · Journal of Business & Economic Statistics · doi:10.1198/073500102753410417 · Cited by 1,322
The Short- and Long-Term Career Effects of Graduating in a Recession
Oreopoulos, P., von Wachter, T., & Heisz, A. (2012) · American Economic Journal: Applied Economics · doi:10.1257/app.4.1.1 · Cited by 1,256
Dynamics of the Gender Gap for Young Professionals in the Financial and Corporate Sectors
Bertrand, M., Goldin, C., & Katz, L. F. (2010) · American Economic Journal: Applied Economics · doi:10.1257/app.2.3.228 · Cited by 1,256
The long-term labor market consequences of graduating from college in a bad economy
Kahn, L. B. (2010) · Labour Economics · doi:10.1016/j.labeco.2009.09.002 · Cited by 1,187
Self-citationJob Mobility and the Careers of Young Men
Topel, R. H., & Ward, M. P. (1992) · The Quarterly Journal of Economics · doi:10.2307/2118478 · Cited by 1,168
Job Mobility and the Careers of Young Men
Topel, R., & Ward, M. (1988) · National Bureau of Economic Research · doi:10.3386/w2649 · Cited by 1,066
Ability sorting and the returns to college major
Arcidiacono, P. (2004) · Journal of Econometrics · doi:10.1016/j.jeconom.2003.10.010 · Cited by 833
Duration Dependence and Labor Market Conditions: Evidence from a Field Experiment*
Kroft, K., Lange, F., & Notowidigdo, M. J. (2013) · The Quarterly Journal of Economics · doi:10.1093/qje/qjt015 · Cited by 711
Persistent Effects of Job Displacement: The Importance of Multiple Job Losses
Stevens, A. H. (1997) · Journal of Labor Economics · doi:10.1086/209851 · Cited by 663
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Cited by
The Impact of COVID-19 on Gender Equality
Alon, T., Doepke, M., Olmstead-Rumsey, J., & Tertilt, M. (2020) · doi:10.3386/w26947 · Cited by 1,706
Do Recessions Accelerate Routine-Biased Technological Change? Evidence from Vacancy Postings
Hershbein, B., & Kahn, L. B. (2018) · American Economic Review · doi:10.1257/aer.20161570 · Cited by 573
Self-citationEarnings Dynamics, Changing Job Skills, and STEM Careers*
Deming, D. J., & Noray, K. (2020) · The Quarterly Journal of Economics · doi:10.1093/qje/qjaa021 · Cited by 418
The Long-Term Effects of Student Absence: Evidence from Sweden
Cattan, S., Kamhöfer, D. A., Karlsson, M., & Nilsson, T. (2023) · The Economic Journal · doi:10.1093/ej/ueac078 · Cited by 44
The Evaluation of Founder Failure and Success by Hiring Firms: A Field Experiment
Botelho, T. L., & Chang, M. (2023) · Organization Science · doi:10.1287/orsc.2022.1592 · Cited by 37
Metadata
- Authors
- Altonji, J. G., Kahn, L. B., & Speer, J. D.
- Venue
- Journal of Labor Economics
- Publisher
- University of Chicago Press
- Published
- 2016-01
- Volume
- 34
- Issue
- S1
- Pages
- S361-S401
- ISSN
- 0734-306X (ISSN-L)
- 1537-5307
- OpenAlex
- W1587328237
- Cited by
- 303
- References
- 25
- FWCI
- 52.06
- Type
- journal article
- Language
- en
- Open access
- closed
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- Altonji, J. G., Kahn, L. B., & Speer, J. D. (2016). Cashier or Consultant? Entry Labor Market Conditions, Field of Study, and Career Success. Journal of Labor Economics. https://doi.org/10.1086/682938
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.