largely attributable to human capital investments? Section 3 tests the proposition that over the working age capacity wages (i ….e. wages before netting out investment) decline before observed wages do. Implied timing of labor supply provides the test. The …

the current period movers. Longer-run wage gains are defined as the difference in wages between two successive jobs at the …

excess supply. The net union premium was estimated by relating changes in wages to changes in union status of the same worker … measured by wages. This conclusion was less reliable for older workers. Subsequent analysis explores the effects of successful … whole tenure profile of wages. The explicit linking of wage levels to seniority reduces incentives for worker investment in …

training on turnover and positive effects on wage growth in the firm and over longer periods (1968 to 1983). Wages of trainees …' wages grow less in the long run than those of less frequent movers (stayers), despite wage gains in moving. Mobility wage …

between job tenure, wages and mobility. Both "job duration dependence" and "heterogeneity bias" are implied by this theory …