scholarly journals Applying a CRESH aggregate labour index to generate age-wage profiles

2015 ◽  
Vol 23 (1) ◽  
pp. 27-33 ◽  
Author(s):  
Ross Guest ◽  
Bjarne S. Jensen
Keyword(s):  
10.3386/w2548 ◽  
1988 ◽  
Author(s):  
George Akerlof ◽  
Lawrence Katz
Keyword(s):  

2018 ◽  
Vol 51 (1) ◽  
pp. 76-87 ◽  
Author(s):  
António S. Ribeiro ◽  
Francisco Lima

2006 ◽  
Vol 96 (3) ◽  
pp. 832-846 ◽  
Author(s):  
Burhanettin Kuruscu

This paper challenges the notion that on-the-job training investments are quantitatively important for workers' welfare and argues that on-the-job training may not increase lifetime income by more than 1 percent. I argue that it is very difficult to reconcile the slowdown in wage growth late in a worker's career with optimizing behavior unless the technology for learning on the job is such that it generates very low gains from training. The analysis is based on a nonparametric methodology for estimating the learning technology from wage profiles; the results are arrived at by comparing the lifetime income when the worker optimally invests in his human capital to the one where he does not make any investments.


2013 ◽  
Vol 12 (2) ◽  
pp. 168-189 ◽  
Author(s):  
MARK VAN DUIJN ◽  
MAURO MASTROGIACOMO ◽  
MAARTEN LINDEBOOM ◽  
PETTER LUNDBORG

AbstractThis study examines the expected retirement replacement rates (RRs) of several cohorts of Dutch employees at the time of their planned retirements. It also computes RRs based on the available pension records. We find that the expected replacement rate (E(RR)) is, in general, higher than the ones we compute. Larger discrepancies are found for younger cohorts and for individuals with less education and working experience. We also examine the difference between the expected and computed RRs and find that the mismatch is mostly related to poor institutional knowledge. We also show the role of assumptions about institutions and wage profiles in determining our results.


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