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Specific Capital, Mobility, and Wages: Wages Rise with Job Seniority

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NBER1990-03-01 更新2025-01-04 收录
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The idea that wages rise relative to alternatives as job seniority accumulates is the foundation of the theory of specific human capital, as well as other widely accepted theories of compensation. The fact that persons with longer job tenures typically earn higher wages tends to support these views,

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1990-03-01
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