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first six waves of the British Household Panel Survey. We show that much of the residual variation in wages can be explained … of our findings is that wages are determined principally by individual characteristics - as human capital theory …
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Two well-established findings are apparent in the analyses of individual wage determination: cross-section wage equations can account for less than half of the variance in earnings and there are large and persistent inter-industry wage differentials. We explore these two empirical regularities...
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Using data from 29 countries from the Luxemburg Income Study, we demonstrate that married men earn on average 7% more than unmarried men. Unmarried men would have to work 43 hours per week in order to earn the same as married men working 40 hours. We find substantial cross-national variation: in...
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