How fast do wages adjust to human-capital productivity? Dynamic panel-data evidence from Europe and the United States
The standard human-capital model is based on the assumption that the observed wage of an individual is equal to the monetary value of the individual net human-capital productivity, the so-called net potential wage. We argue that this assumption is rejected by micro data for Belgium, Denmark and Finl...
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| Formato: | workingPaper |
| Idioma: | eng |
| Publicado em: |
2018
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| Texto completo: | http://hdl.handle.net/10400.3/4881 |
| País: | Portugal |
| Oai: | oai:repositorio.uac.pt:10400.3/4881 |