Life‐Cycle Wage Growth and Internal Migration
研究了巴西、墨西哥和美国三个国家中生命周期工资增长的新事实,发现富裕州的经验-工资曲线更陡峭,并估计了迁移到学习环境更好地区带来的生产率收益。
ABSTRACT I document new facts on life‐cycle wage growth within three countries: Brazil, Mexico, and the United States. In every case, I find that experience–wage profiles are steeper in rich states. Differences in education and industry mix can account for a large share of the covariance between income and profile steepness in both developing countries, while differences in occupations are key in every case. Using a general equilibrium model, I estimate meaningful productivity gains from inducing migration to places with better learning environment and find that migration costs are important in explaining cross‐country differences in life‐cycle wage growth.