| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w3581
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| 来源ID | Working Paper 3581
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| Human Capital, Technology, and the Wage Structure: What Do Time Series Show? |
| Jacob Mincer
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| 发表日期 | 1991
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| 出版年 | 1991
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| 语种 | 英语
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| 摘要 | The major purpose of this study was to detect effects of technologically based changes in demand for human capital on the educational and experience wage structure in annual CPS data, 1963 to 1987. Major findings are: 1. Year-to-year educational wage differentials are quite closely tracked by relative supplies of young graduates, and by indexes of relative demand, such as research and development (R & D) expenditures per worker, and ratios of service to goods employment. Of these, R and D indexes account for most of the explanatory power. Indexes of (Jorgenson type) productivity growth and of international competition are significant as alternatives, but show weaker explanatory power. 2. The observed steepening of experience profiles of wages is explained, in part, by changes in relative demographic supplies (cohort effects), and in part by the growing profitability of human capital which extends to that acquired on the job. Evidence appears in the significance of profitability variables or in demand factors underlying them, given the relative demographic supplies in the wage profile equations. |
| 主题 | Labor Economics
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| URL | https://www.nber.org/papers/w3581
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/560883
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推荐引用方式
GB/T 7714 |
Jacob Mincer. Human Capital, Technology, and the Wage Structure: What Do Time Series Show?. 1991.
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文件名：
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w3581.pdf
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格式：
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Adobe PDF
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