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 … 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 …
