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This paper develops and estimates a human capital model of wage growth based on learning by doing. Learning by doing rates are assumed to be heterogeneous and firms offer different career structures in terms of the rate of acquisition of firm specific human capital. The model is estimated using...
Persistent link: https://www.econbiz.de/10005136649
-wide linkages (complementary skills, knowledge spillovers). It compares growth and welfare when families are stratified into …
Persistent link: https://www.econbiz.de/10005666953