independence. In short, they climb the career ladder. Climbing the career ladder explains 50% of wage growth and virtually all of … rising wage dispersion. The increasing gender wage gap by age parallels a rising hierarchy gap. Our findings suggest that … wage dynamics are shaped by the organization of production, which itself likely depends on technology, the skill set of the …

, search for employers, and residual wage shocks to account for these life cycle wage dynamics. We highlight the importance of … largest part of life cycle wage dynamics. It accounts for 50% of average wage growth, 50% of rising differences between gender …

. We highlight their empirical role in matched employer-employee data for life-cycle wage dynamics, refine a task …-based view of wage determination, and demonstrate that differences in job levels account for most of the observed wage … interpretation of widely studied phenomena such as the gender wage gap and the returns to education and seniority …

decompose earnings losses and find that only 50% result from wage loss, and endogenous reactions and selection account for the …

. The reduction in separation rates is heterogeneous, with long-term employed, high-wage workers being most affected. We …