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Economics --- Research --- National Bureau of Economic Research --- National Bureau of Economic Research. --- National Bureau of Economic Research (U.S.)

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This study provides direct evidence concerning the relationship between experience and performance among managerial and professional employees doing similar work in two major U. S. corporations. The facts presented indicate that while, within grade levels, there is a strong positive association between experience and relative earnings, there is either no association or a negative association between experience and relative rated performance. If we are correct that the performance ratings given to managerial and professional employees in any grade level adequately reflect those employees' relative productivity in the year of assessment, the results imply that the human capital on-the-job training model cannot explain a substantial part of the ob-served return to labor market experience.

Wages. --- National Bureau of Economic Research.

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Economics --- National Bureau of Economic Research [Cambridge, Mass.]

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Summarizes selected working papers recently produced by the National Bureau. It is issued for informational purposes and has not been reviewed by the Board of Directors of NBER.

Economics --- Research --- Research. --- National Bureau of Economic Research

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Economics --- Recherche en économie. --- Science économique. --- ECONOMIC RESEARCH. --- UNITED STATES. --- Research --- Research. --- National Bureau of Economic Research --- National Bureau of Economic Research. --- National Bureau of Economic Research (U.S.)