Calvó-Armengol, Antoni; Jackson, Matthew O. - Barcelona Graduate School of Economics (Barcelona GSE) - 2003
in the agent's employment probability and expected wages, in the sense of first order stochastic dominance. A similar … wages and employment are positively associated (a strong form of correlation) across time and agents. We also analyze the … group's drop-out rate will be higher that the other's and there will be a persistent difference in wages between the groups. …