In this paper we develop a novel method to project location-specific life-cycle wages for all occupations listed in the … experience that is associated with each percentile of the education-level specific wage distribution. In the second step, we map … Statistics data for each occupation and area. Finally, we develop a model capable of projecting the trajectory of wages across …

model predicts two benchmark human capital gross returns and their corresponding wages, by levels of education. Below the …This paper provides economic theory with a dynamic structural model that mathematically proves both a positive effect … of wages on the workers' human capital intertemporal investment decisions and the existence of a virtuous dynamic cycle …

Although early human capital theory recognized the relevance of workers' experience, its focus was on education and …

and wages: the human-capital theory and the signalling/screening (collectively known as sorting) theory. We highlight the …-enhancing effects of education from which we derive four empirically testable hypothesis. -- human-capital theory ; signalling …In the literature there are basically two main approaches that explain the positive link between the level of education …