TY  - RPRT
        AU  - Kunze, Astrid
        TI  - The Timing of Careers and Human Capital Depreciation
        PY  - 2002/Jun/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 509
        UR  - https://www.iza.org/index.php/publications/dp509
        AB  - This paper explores the short and long run effects of career interruptions on wages for young
skilled workers in West Germany. The analysis distinguishes four types of career
interruptions: unemployment, parental leave for female workers, national service for male
workers and other non-work spells. We adopt the human capital model by Mincer and
Polachek (1974) with homogenous human capital and test whether net depreciation is equal
across types of employment interruptions, and equal in the short and in the long run. The
main findings are that timing effects seem important and net depreciation differs across types
of interruptions.
        KW  - human capital depreciation
KW  - wage determination
KW  - unemployment
        ER  -