IZA Journal of Labor & Development

Table 4 10-year returns to tenure

From: The sources of wage growth in a developing country

	Table 2				Table 3
	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
	OLS	IV	OLS	IV	OLS	IV	OLS	IV
Employer	0.035	0.281**	0.017	0.242**	−0.027	0.256*	−0.021	0.234
	(0.069)	(0.101)	(0.074)	(0.110)	(0.102)	(0.142)	(0.121)	(0.185)
Occupation					−0.130	−0.146	−0.119	−0.075
					(0.081)	(0.120)	(0.084)	(0.127)
Industry					0.055	0.091	0.197**	0.235
					(0.100)	(0.144)	(0.130)	(0.202)
Potential experience	0.137***	0.129***	0.226**	0.176**	0.139***	0.128***	0.201**	0.137*
	(0.028)	(0.028)	(0.079)	(0.080)	(0.028)	(0.028)	(0.080)	(0.082)
Sector					0.071	0.060	−0.081	−0.139
					(0.084)	(0.127)	(0.111)	(0.169)

Notes: Robust standard errors in parentheses; ***p < 0.01, **p < 0.05, *p < 0.1. Calculations based on coefficients in corresponding columns of Table 2 and Table 3

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