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human capital may be heterogeneous and where firms may offer different combinations of entry level wages and firm specific … human capital development. We allow for the the possibility that wages are match specific and that workers move jobs as a …
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This paper presents a life cycle model for the demand for health, and derives empirical specifications that distinguish between permanent and transitory wage responses. Using panel data, we estimate dynamic health and health input demand equations. We find evidence of negative transitory wage...
Persistent link: https://www.econbiz.de/10011336871
This paper presents a life cycle model for the demand for health, and derives empirical specifications that distinguish between permanent and transitory wage responses. Using panel data, we estimate dynamic health and health input demand equations. We find evidence of negative transitory wage...
Persistent link: https://www.econbiz.de/10011537676
the group of workers with apprenticeship training that is driving the low returns to labour market experience, while wages …
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In recent years a number of panel estimators have been suggested for sample selection models, where both the selection equation and the equation of interest contain individual effects which are correlated with the explanatory variables. We review and compare some of these estimators, and apply...
Persistent link: https://www.econbiz.de/10001502478