Experience, Tenure, and Wage Growth of Young Black and White Men
利用青年纵向调查数据，估计年轻黑人和白人高中毕业生的在职任期和一般市场经验的回报，发现黑人的经验回报低于白人，但任期回报不低于白人。
This paper studies the source of differences in wage growth between young black and white workers. Focusing on terminal high school graduates from the National Longitudinal Survey of Youth, we estimate the returns to on-the-job tenure and general labor market experience using ordinary least squares, Altonji and Shakotko, and Topel estimators. Results from all three estimators indicate that returns to general experience for black workers trail those for white workers, but that black workers earn equal if not higher returns to tenure than do white workers.