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Learning and Wage Dynamics

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NBER1991-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w3764
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We develop a dynamic model of learning and wage determination: education may convey initial information about ability, but subsequent performance observations also are informative. Although the role of schooling in the labor market's inference process declines as performance observations accumulate,
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1991-07-01
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