Experience Matters for Development Accounting

This study uses newly available large-sample micro data to document that the wage increase associated with increasing worker experience is lower for poorer countries. By taking this fact into account when calculating aggregate human capital, we find that human capital can explain a substantially larger fraction of cross-country income differences than in previous studies.

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Year of publication:	2012
Authors:	Moll, Benjamin
Institutions:	Society for Economic Dynamics - SED

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Extent:	application/pdf
Series:	2012 Meeting Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2012 SED Meeting Papers Number 423
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011080135