use easily observable characteristics such as years of education to 'statistically discriminate' among workers. The pure … credential value of education will depend on how quickly firms learn. To obtain information on employer learning, we work with a … education. The time path of the coefficient on the unobservable productivity variable provides information about the rate at …

, father's education, and wages for young men and their siblings from NLSY. We also examine the empirical implications of … productivity of new workers, they may choose to use easily observable characteristics such as years of education to 'statistically … productivity and the interaction between experience and a variable that firms can easily observe, such as years of education. We …

, father's education, and wages for young men and their siblings from NLSY. We also examine the empirical implications of … productivity of new workers, they may choose to use easily observable characteristics such as years of education to 'statistically … productivity and the interaction between experience and a variable that firms can easily observe, such as years of education. We …

substantial. In addition to confirming some features of contract theory, the results lend support to the bonding models of Becker …

experience profiles of wages is explained, in part, by changes in relative demographic supplies (cohort effects), and in part by …

the United States that contains detailed demographic information on workers (most notably, information on education). We … productivity of women is less than that of men, but not by enough to fully explain the gap in wages, a result that is consistent … deferred wages. We find a productivity premium for marriage equal to that of the wage premium, and a productivity premium for …

Major strands of recent macroeconomic theory hinge on the relation of workers' efforts to their wages, but there has … include detailed time diaries to examine how changes in the use of time on the job affect wages. Additional time spent by the …