Buchinsky, Moshe; Fougère, Denis; Kramarz, Francis; … - In: Review of Economic Studies 77 (2010) 3, pp. 972-1001
In this paper, we expand on the seminal work of <xref ref-type="bibr" rid="R4">Altonji and Shakotko (1987)</xref> and <xref ref-type="bibr" rid="R38">Topel (1991)</xref> and reinvestigate the returns to seniority in the United States. We begin with the same wage equation as in previous studies. We extend the model of <xref ref-type="bibr" rid="R25">Hyslop (1999)</xref> and explicitly model the...