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-employed or out of the labour force in Sweden with the help of a unique survey. Sweden is interesting since the share of elderly …-employment among older people may be an effective way to improve their life satisfaction, to increase Sweden's labour supply and to …
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We investigate wage differences between newly hired and incumbent employees. We show in a formal model that when employees care for wages as well as match-specific utility, incumbents earn less than new recruits if and only if firm-specific human capital is not too important. The existence and...
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