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Wage Dynamics and Returns to Unobserved Skill

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NBER2018-01-01 更新2025-01-04 收录
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Economists disagree about the factors driving the substantial increase in residual wage inequality in the U.S. over the past few decades. We identify and estimate a general model of log wage residuals that incorporates: (i) changing returns to unobserved skills, (ii) a changing distribution of

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2018-01-01
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