Dinlersoz, Emin; Hyatt, Henry R.; Nguyen, Sang V. - In: IZA Journal of Labor Economics 2 (2013), pp. 1-23
This paper explores the evolution of the average wage of employees over the life-cycle of a manufacturing plant. The average wage starts out low for a new plant and increases along with labor productivity as the plant ages. As a plant approaches exit, its average wage falls, but more slowly than...
