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Our model of on-the-job training as investment in general human capital implies that the wage profile Oslopes down like a typical demand curve. slopes up
Our model of on-the-job training as investment in general human capital implies that the wage profile Oslopes down like a typical demand curve. slopes up and is steepest late in a worker's career. is an upward-sloping ray from the origin. slopes up but flattens out as the worker approaches retirement
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
