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How Worker Productivity and Wages Grow with Tenure and Experience: The Firm Perspective

By Andrew Caplin, Minjoon Lee, Søren Leth-Petersen, Johan Sæverud, and Matthew D. Shapiro

American Economic Journal: Macroeconomics

How worker productivity evolves with tenure and experience shapes life-cycle earnings and losses from job separation. Yet, worker-level productivity is hard to identify from observational data. This paper introduces a firm survey designed to separate ef...