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The pitfalls in inferring risk from financial market data
Bliss, Robert R. (contributor) - 2000 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001658371
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Revised estimates of intergenerational income mobility in the United States
Mazumder, Bhashkar (contributor) - 2003 - [Elektronische Ressource]
"Solon's (1992) landmark study estimated the intergenerational elasticity (IGE) in income between fathers and sons to …
Persistent link: https://www.econbiz.de/10001920632
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Can Intangible Capital Explain Cyclical Movements in the Labor Wedge?
Gourio, Francois; Rudanko, Leena - Federal Reserve Bank of Chicago - 2014
Intangible capital is an important factor of production in modern economies that is generally neglected in business cycle analyses. We demonstrate that intangible capital can have a substantial impact on business cycle dynamics, especially if the intangible is complementary with production...
Persistent link: https://www.econbiz.de/10010742258
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Human Capital Risk, Contract Enforcement, and the Macroeconomy
Krebs, Tom; Kuhn, Moritz; Wright, Mark L. J. - Federal Reserve Bank of Chicago - 2014
We use data from the Survey of Consumer Finance and Survey of Income Program Participation to show that young … households with children are under-insured against the risk that an adult member of the household dies. We develop a tractable … macroeconomic model with human capital risk, age-dependent returns to human capital investment, and endogenous borrowing constraints …
Persistent link: https://www.econbiz.de/10011093784
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Economic perspectives
Federal Reserve Bank of Chicago - Chicago, Ill. : Research Dept. of the Federal Reserve Bank - 1.1977 - 6.1982; 13.1989 -
Persistent link: https://www.econbiz.de/10000361175
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Firing costs and business cycle fluctuations
Veracierto, Marcelo (contributor) - 2003 - [Elektronische Ressource]
"This paper evaluates to what extent the introduction of firing costs can affect the aggregate dynamics of a neoclassical growth model with hetrogeneous establishments. Similarly to the previous literature, firing costs are found to have large steady- state effcts. However, they have no...
Persistent link: https://www.econbiz.de/10001909318
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Earnings inequality and the business cycle
Barlevy, Gadi (contributor); Tsiddon, Daniel (contributor) - 2004 - [Elektronische Ressource]
"Economists have long viewed recessions as contributing to increasing inequality. However, this conclusion is largely based on data from a period in which inequality was increasing over time. This paper examines the connection between long-run trends and cyclical variation in earnings...
Persistent link: https://www.econbiz.de/10002049337
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Do safeguard tariffs and antidumping duties open or close technology gaps?
Crowley, Meredith A. (contributor) - 2002 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001717051
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On the cyclical behavior of employment, unemployment and labor force participation
Veracierto, Marcelo (contributor) - 2002 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001717055
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Oligopoly banking and capital accumulation
Cetorelli, Nicola (contributor);  … - 2000 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001658362