Are earnings profiles steeper than productivity profiles? Evidence from Israeli firm-level data.
We test competing explanations of rising age-earnings profiles by obtaining direct estimates of marginal productivity differentials between workers in different age groups and comparing these to associated earnings differentials, using contemporary data from Israeli manufacturing firms. The results...
| Publicado en: | Journal of Human Resources Vol. 30; pp. 89 - 113 |
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| Autores principales: | , |
| Formato: | Artículo |
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University of Wisconsin Press
Winter95
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=508545121&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 508545121 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 0022166X JHR jtl: Journal of Human Resources issn: 0022166X maglogo: N pubinfo: dt: Winter95 vid: 30 pid: 249 pub: University of Wisconsin Press artinfo: ui: 508545121 10.2307/146192 ppf: 89 ppct: 24 formats: fmt: – @attributes: type: T – @attributes: type: P size: 5.8MB tig: atl: Are earnings profiles steeper than productivity profiles? Evidence from Israeli firm-level data. aug: au: Hellerstein, Judith K. Neumark, David su: Age & income Labor productivity Manufacturing industries Cobb-Douglas production function Age & employment Economics Wages Israel sug: subj: Israel Age & income Labor productivity Manufacturing industries Cobb-Douglas production function Age & employment Economics Wages ab: We test competing explanations of rising age-earnings profiles by obtaining direct estimates of marginal productivity differentials between workers in different age groups and comparing these to associated earnings differentials, using contemporary data from Israeli manufacturing firms. The results indicate that, controlling for other productive inputs and firm characteristics, for the unskilled or less-skilled workers who represent most of the workers in our sample, both earnings and productivity profiles are upward sloping. Moreover, these profiles mirror each other closely, and are statistically indistinguishable. However, the estimates of the profiles are sufficiently imprecise that even sizable deviations between point estimates of earnings growth and productivity growth would not be statistically significant. While we view the results as most consistent with a general human capital model of rising earnings profiles over the life cycle, there is not strong evidence with which to reject alternative models. Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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