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Empirical studies find that the age-variance profile of wages is U-shaped. The objective of this paper is to explore … firm-worker matches. Three factors shape the age-inequality profile of wages in the model economy: the time horizon before … the U-shape of the age-inequality profile of wages if the bargaining power of workers is sufficiently high. Furthermore …
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participation and employment). In contrast, there are important effects at the intensive margin: a 10 percentile higher ICT skills … index increases the probability of salaried employment by 6.5 percentage points, and leads to a 9.5 percent higher per … capita expenditure. Employment transitions happen from daily wage employment and self-employment to salaried employment. The …
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