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Wages and Employment: The Canonical Model Revisited

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NBER2017-12-01 更新2025-01-04 收录
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The basic canonical model fails to predict the aggregate college premium outside of the original sample period (1963-1987) or to account for the observed deviations in college premia for younger vs. older workers. This paper documents that these failings are due to mis-measurement of the relevant

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2017-12-01
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