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Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers …
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matching estimators. As an illustration of the applicability of the theory, we derive the asymptotic distribution of a matching …
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We use the control function approach to identify the average treatment effect and the effect of treatment on the treated in models with a continuous endogenous regressor whose impact is heterogeneous. We assume a stochastic polynomial restriction on the form of the heterogeneity but, unlike...
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