Cardoso, Ana Rute; Guimarães, Paulo; Varejão, José M. - 2010
Using longitudinal employer-employee data spanning over a 22-year period, we compare age-wage and age-productivity … ages, wages increase in line with productivity gains but as prime-age approaches, wage increases lag behind productivity …-level productivity exceeds their contribution to the wage bill. On the methodological side, we note that failure to account for the …
