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Unformatted text preview: entry wages have, on average, faster earnings growth rates. Duleep-Regets synthesis: Low entry-level earnings of recent cohorts does not necessarily imply those cohorts will remain far below natives. The notion of a negative correlation between earnings at entry and earnings growth rates is in fact suggested by human capital theory. Year Earnings relative to natives 1995 1990 1985 1980 1975 arrived 1975 arrived 1980 arrived 1985 arrived 1990 arrived 1995...
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This note was uploaded on 12/26/2011 for the course ECON 250A taught by Professor Kuhn during the Fall '09 term at UCSB.
- Fall '09