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Interrupted Work Careers
[report]
1980
unpublished
The quantitative effects and even the existence of "human capital depreciation" phenomena has been a subject of controversy in the recent literature. Prior work, however, was largely cross-sectional and the iotgitudina1 dimension, if any, was retrospective. Using longitudinal panel data (on married women in NLS) we have now established that real wages at reentry are, indeed, lower than. at the point of labor force withdrawal, and the decline in wages is bigger the longer the interruption.
doi:10.3386/w0479
fatcat:6rjs7oi4szdyxnvlsvs6rgdnua