Long‐Term Wage Fluctuations with Industry‐Specific Human Capital
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Cochrane, 1991, and Mace (1991) both find evidence of insurance against high-frequency movements in income. In contrast, Attanasio and Davis (1996) find evidence of incomplete insurance against low-frequency shocks
1992, the greatest wage declines have been among inexperienced workers whose recent entry into the labor market and high turnover rates reduce the importance of wage rigidity (Topel and Ward
Pashigian, 1977, Siow
Solon Barsky, 1994, Bils (1985) finds composition bias to be less important
1981, Separate regressions were run for men and women. The dependent variable is the log weekly wage. The independent variables are quadratics in tenure and experience at the current form of work
CPS., 1974, The level of computer use in 1984 will be a good measure of the change in computer use between 1974 and 1984 if computer use was low in all industries
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