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In the last three decades, Canada and the US showed different paths in per capita GDP growth, skill premiums and inequality. Both firm and worker productivity differences play a role and have different policy implications, but are difficult to distinguish. To examine separate firm and worker...
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The basic canonical model fails to predict the aggregate college premium outside of the original sample period (1963-1987) or to account for the observed deviations in college premia for younger vs. older workers. This paper documents that these failings are due to mis-measurement of the...
Persistent link: https://www.econbiz.de/10012453644