substitution of low education / high experience workers by low experience / high education workers by using US and French microdata … explain the changes in returns to experience. It also accounts for a part of the increase in returns to education between 1980 …: the elasticity of substitution between experience and education, which is found to be less than half. In France, the …

cohorts of the baby-boom. Using a survey where workers declare their true employment experience, this paper argues that these … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human … even after the shock. In a competitive market, in contrast, wage inequality and notably, the wage return to experience …

cohorts of the baby-boom. Using a survey where workers declare their true employment experience, this paper argues that these … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human … even after the shock. In a competitive market, in contrast, wage inequality and notably, the wage return to experience …

We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee …'s education is an important signal to the employer initially. Over time, the returns to schooling should decrease with labor … market experience and increase with initially unobserved ability, since the employer gradually obtains better information on …

We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee …'s education is an important signal to the employer initially. Over time, the returns to schooling should decrease with labor … market experience and increase with initially unobserved ability, since the employer gradually obtains better information on …

markets in developing countries are likely to grow further as teacher quality becomes a greater focus of education policy …