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来源类型Working Paper
规范类型报告
DOI10.3386/w11031
来源IDWorking Paper 11031
Wage Dynamics and Unobserved Heterogeneity: Time Preference of Learning Ability?
Lalith Munasinghe; Nachum Sicherman
发表日期2005-01-10
出版年2005
语种英语
摘要A large portion of the variation in wages and wage growth rates among individuals is due to "unobserved" heterogeneity, and the source of individual heterogeneity is typically attributed to data limitations and/or the unobservability of certain productivity related factors. In this paper we develop a test that discriminates between two inherently unobservable sources of heterogeneity (both of which can clearly account for the variation in wages and wage growth rates): learning ability and workers' inter-temporal preferences (discounting). We apply this test to the large observed differences in wages and wage growth rates between smokers and non-smokers. The evidence supports the discounting hypothesis.
主题Labor Economics ; Labor Supply and Demand ; Labor Compensation
URLhttps://www.nber.org/papers/w11031
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/568666
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GB/T 7714
Lalith Munasinghe,Nachum Sicherman. Wage Dynamics and Unobserved Heterogeneity: Time Preference of Learning Ability?. 2005.
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