differentials and compare them with estimated relative wages. The analysis provides evidence on productivity and nonproductivity …-based determinations of wages. Special emphasis is given to the effects of human capital variables, such as education, experience, and … training on wages and productivity differentials. Higher education yields higher productivity. However, highly educated workers …

The idea that wages rise relative to alternatives as job seniority accumulates is the foundation of the theory of … tenures typically earn higher wages tends to support these views, yet this evidence ignores the decisions that have brought … individuals to the combination of wages, job tenure, and experience that are observed in survey data. Allowing for sources of bias …