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is compressed, that is, if the increase of productivity after training is greater than the increase in pay. We propose a …
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, if the increase in productivity after training is greater than the increase in pay. …
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In this empirical paper, I use the 1996 wave of the ECHP dataset to investigate the relationship between measures of wage compression and training incidence in 11 European countries. After controlling for individual factors and country specific institutional differences, I find evidence of a...
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