Sørensen, Kenneth L.; Vejlin, Rune - In: Journal of Applied Econometrics 29 (2014) 6, pp. 984-1006
SUMMARY This paper estimates the relationship between initial wage and return to experience. We use a Mincer‐like wage model to non‐parametrically estimate this relationship allowing for an unobservable individual permanent effect in wages and unobservable individual return to experience....
