How should one interpret the fact thatall other things equalworkers with a lot of seniority earn more

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How should one interpret the fact that—all other things equal—workers with a lot of seniority earn more than newly hired workers?

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Labor Economics

ISBN: 9781260565522

8th Edition

Authors: George Borjas

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Question Posted: Apr 28, 2024 03:01 AM

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How should one interpret the fact thatall other things equalworkers with a lot of seniority earn more

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The fact that workers with a lot of seniority earn more than newly hired workers assuming all other factors are equal can be interpreted through several lenses 1 Experience and Skill Accumulation With ...View the full answer

Labor Economics

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