Are US wages really determined by European Laborâ€“Market Institutions?

In this paper I develop a theoretical model explaining optimal wage-tenure profiles for heterogeneous labor. My findings entail that high productive people have steeper profiles than low productive individuals. I find strong empirical evidence for these findings. At the end of my paper, I utilize the basic model to describe the labor market entry of college graduates.

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Year of publication:	2004-09-15
Authors:	Meckl, Jürgen
Institutions:	Fachbereich Wirtschaftswissenschaften, Universität Konstanz
Subject:	Ausbildungsentscheidungen

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Extent:	application/pdf
Series:	Working Papers of the Research Group Heterogenous Labor.
Type of publication:	Book / Working Paper
Notes:	Number 04-15 15 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005146720