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Why Do Wage Profiles Slope Upwards? Tests of the General Human Capital Model

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NBER1994-03-01 更新2025-01-04 收录
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This paper tests some empirical implications of the general human capital model's explanation of rising wage profiles. At the individual level, the model implies that there will be a negative relationship between the initial wage level and wage growth of young, inexperienced workers. At the market

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1994-03-01
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