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Author: | Meckl, J. Zink, S. |
Title: | Solow and heterogeneous labour: a neoclassical explanation of wage inequality |
Journal: | Economic Journal
2004 : OCT, VOL. 114:498, p. 825-843 |
Index terms: | Human capital Labour Pay |
Language: | eng |
Abstract: | This article examines the impact of human capital investments of heterogeneous individuals on the dynamics of the wage structure within a neoclassical growth model. The framework generates dynamics that resemble important observations on wage inequality. |
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