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We develop a theory of the market for individual reputation, an indicator of regard by one’s peers and others. The …
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We develop a theory of the market for individual reputation, an indicator of regard by oneメs peers and others. The …
Persistent link: https://www.econbiz.de/10013153301
We develop a theory of the market for individual reputation, an indicator of regard by one's peers and others. The …
Persistent link: https://www.econbiz.de/10013153983
Using a model with constant relative risk-aversion preferences, endogenous labor supply and partial insurance against idiosyncratic wage risk, we provide an analytical characterization of three welfare effects: (a) the welfare effect of a rise in wage dispersion, (b) the welfare gain from...
Persistent link: https://www.econbiz.de/10012773175
against non-diversifiable labor income risk. We then use our our theory to link openness to trade to the level of …
Persistent link: https://www.econbiz.de/10012775835
Zeitverwendungserhebung, 2012-13, have sufficient observations to allow examining the theory of household production in much more detail than …
Persistent link: https://www.econbiz.de/10012906476