Wage declines among older men
Wage declines among older men
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DOI：
10.2307/2109961
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发表时间：
1996-11-01
影响因子：
8
通讯作者：
Neumark, D
中科院分区：
文献类型：
--
作者：
Johnson, RW;Neumark, D
我们研究了老年男性的实际工资是否随着年龄的增长而下降的证据。虽然整个生命周期工资增长的一般人力资本模型预测，随着工人接近职业生涯结束，工资将会下降，但工资增长的替代模型并不能预测这些工资下降。我们发现，在对年龄工资概况的纵向估计中，只有 60 多岁的工人的工资才会出现下降。此外，这些纵向下降至少部分是由于与社会保障体系的相互作用。社会保障的收入上限或其他影响似乎导致一些工人选择与较低工资相关的工作和工作特征。
We examine the evidence on whether real wages decline with age among older men. While the general human capital model of wage growth over the life cycle predicts that wages will fall as workers approach the end of their career, alternative models of wage growth do not predict these wage declines. We find that in longitudinal estimates of age-wage profiles wage declines only set in for workers in their 60s. Furthermore, these longitudinal declines are at least partly due to interactions with the Social Security system. The earnings cap or other effects of Social Security appear to lead some workers to choose jobs and job characteristics associated with lower wages.