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Title: The Wages of Older Men
Resulting in 1 citation.
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Carliner, Geoffrey |
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The Wages of Older Men Journal of Human Resources 17,1 (Winter 1982): 25-38. Also: http://www.jstor.org/stable/145522 Cohort(s): Older Men Publisher: University of Wisconsin Press Keyword(s): Age and Ageing; Discrimination; Discrimination, Age; Educational Attainment; Health Factors; Job Patterns; Retirement/Retirement Planning; Wage Levels; Wages, Men Net depreciation rates in human capital are estimated from wage data on a longitudinal sample of Older Men aged 45-64. The results indicate that wage rates begin to decline in the early fifties at rates under one percent annually and decline at about two percent annually after age 60. This decrease was offset by the general increase in wage levels so that on average the real wages of men approaching retirement did not decline during the period studied. The general increase was larger for blacks than for whites, probably because of decreases in labor market discrimination between 1966 and 1974. An appendix presents a GLS estimator for a variance components model in which the number of observations per individual varies. |
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Bibliography Citation
Carliner, Geoffrey. "The Wages of Older Men." Journal of Human Resources 17,1 (Winter 1982): 25-38.
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