Experience Matters for Development Accounting
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Benjamin Moll: Princeton University
No 423, 2012 Meeting Papers from Society for Economic Dynamics
This study uses newly available large-sample micro data to document that the wage increase associated with increasing worker experience is lower for poorer countries. By taking this fact into account when calculating aggregate human capital, we find that human capital can explain a substantially larger fraction of cross-country income differences than in previous studies.
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Persistent link: https://EconPapers.repec.org/RePEc:red:sed012:423
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More papers in 2012 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
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