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Perhaps it does. We propose a model in which workers with little education or in the tails of the age distribution the inexperienced and the old have more chance of job failure (mismatch). Recruits' average education should then increase and the standard deviation of starting age decrease when...
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individual data from the European Community Household Panel, for France, Germany, and the UK. The empirical analysis is based on … France and Germany. The results indicate that in these two countries, which provide more generous benefits relative to the UK …
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