Vintage effects in human capital: Europe versus the United States

The standard assumption in growth accounting is that an hour worked by a worker of given type delivers a constant quantity of labor services over time. This assumption may be violated due to vintage effects, which were shown to be important in the United States since the early 1980s, leading to an u...

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Bibliographic details
Volume: 698
Main Author: Inklaar, Robert
Papakonstantinou, Marianna
Format: Paper
Language: English
Place of publication: Luxembourg Luxembourg Income Study (LIS) 2017
published in: LIS Working Paper Series Vol. 698
Data of publication: 2017
Online Access: Fulltext
Database: EconStor
Database information Databases - DBIS