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We analyze the empirical content of the Roy model, stripped down to its essential features, namely sector specific unobserved heterogeneity and self-selection on the basis of potential outcomes. We characterize sharp bounds on the joint distribution of potential outcomes and testable...
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first six waves of the British Household Panel Survey. We show that much of the residual variation in wages can be explained … of our findings is that wages are determined principally by individual characteristics - as human capital theory …
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If real wages continue to follow the ongoing trend, it would take three years for compensation of employees in the … Russian economy to return to what it was prior to crisis. An analysis shows that wages have been hit hardest in state …-financed sectors and in construction. In 2010–2014, wages rose considerably in education and healthcare. In 2017, wages in those …
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