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Understanding the Evolution of the U.S. Wage Distribution: A Theoretical Analysis

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NBER2007-05-01 更新2025-01-04 收录
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In this paper we present an analytically tractable overlapping generations model of human capital accumulation, and study its implications for the evolution of the U.S. wage distribution from 1970 to 2000. The key feature of the model, and the only source of heterogeneity, is that individuals differ

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2007-05-01
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