Wages, Hours and Human Capital Over the Life CycleIZA, 2000 - 27 pages |
Common terms and phrases
asymmetric information BHPS BHPS/LFS BHPS/LFS BHPS/LFS C. M. Schmidt CATHERWOOD LIBRARY ceteris paribus changed jobs coefficient CORNELL UNIVERSITY cycle disutility Education Empirical Appendix end of period equation Ethnic German evaluate expected tenure SET first-order conditions fixed effects four-period g.M₂ hourly wage rate hours and wage hours growth hours profiles Hours rise human capital investments i-th period Immigrant income effect intensive margin investment period IZA Discussion Papers job satisfaction K. F. Zimmermann labor economics labor markets Labour Force Survey LET group Migration optimal overtime premium period i-1 post-investment period probability probit quits and layoffs R. A. Hart realised in period relative rent sharing returns Selection Bias SET and LET short expected tenure simulations sub-optimal separations Table A1 Theory Appendix Unemployment University of Stirling V₁ V₂ variable w₁ wage and hours wage earnings wage-hour contract weekly hours worker is fired worker quits worker stays