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"Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average income with all but undergraduate level of...
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-productivity profiles and find that productivity increases until the age range of 50-54, whereas wages peak around the age 40-44. At younger … ages, wages increase in line with productivity gains but as prime-age approaches, wage increases lag behind productivity … consistent with underpayment followed by overpayment type of policies. -- aging ; productivity ; wages …
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