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achievement trait (income). Individuals with lower cognitive ability are predicted to invest more value on nationalism and to have …
Persistent link: https://www.econbiz.de/10010300712
An increase in legally binding severance payments creates both an incentive and a disincentive for workers to invest in firmspecific human capital. Which effect prevails on balance depends on the productivity of the worker's human capital investment. For strong positive reactions, increases in...
Persistent link: https://www.econbiz.de/10010321653
suited to share labor income risk, I show that the combination of stochastic labor income and stochastic population growth … may reduce the possibilities for intergenerational risk sharing: Labor income risk can only be shared when individuals are …
Persistent link: https://www.econbiz.de/10010308319