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What are the sources of wage growth in developing countries? In the US, general labor market experience is the key source of wage growth, with job seniority playing a smaller role. By contrast, in Indonesia, the 10-year return to seniority is 24 to 29%, which is higher than the return to...
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One of the most stylized facts in labor economics is the finding that wages tend to rise with job duration but what is … performance and wages in the National Basketball Association (NBA) is used to test the superiority of one model over others in … wages are solely determined on the basis of their productivity. Findings are rather in accordance with shirking and matching …
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