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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...
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