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Palacios-Huerta, Ignacio - Princeton University Press

Abstract: A wealth of research in recent decades has seen the economic approach to human behavior extended over many areas previously considered to belong to sociology, political science, law, and other fields. Research has also shown that economics can provide insight into many aspects of...

Persistent link: https://www.econbiz.de/10011082755

Beautiful Game Theory: How Soccer Can Help Economics

Palacios-Huerta, Ignacio - Princeton University Press

A wealth of research in recent decades has seen the economic approach to human behavior extended over many areas previously considered to belong to sociology, political science, law, and other fields. Research has also shown that economics can provide insight into many aspects of sports,...

Persistent link: https://www.econbiz.de/10011082771

Separating Uncertainty from Heterogeneity in Life Cycle Earnings

Cunha, Flavio; Heckman, James; Navarro, Salvador - Institute for the Study of Labor (IZA) - 2004

This paper develops and applies a method for decomposing cross section variability of earnings into components that are forecastable at the time students decide to go to college (heterogeneity) and components that are unforecastable. About 60% of variability in returns to schooling is...

Persistent link: https://www.econbiz.de/10005822068

A New Framework for the Analysis of Inequality

Cunha, Flavio; Heckman, James - Institute for the Study of Labor (IZA) - 2007

earnings variability are due to uncertainty and which components are due to components of human diversity that are forecastable …

Persistent link: https://www.econbiz.de/10005822493

The Evolution of Inequality, Heterogeneity and Uncertainty in Labor Earnings in the U.S. Economy

Cunha, Flavio; Heckman, James J. - Institute for the Study of Labor (IZA) - 2007

it is due to greater uncertainty faced by agents. Applying the methodology of Cunha, Heckman, and Navarro (2005) to data … predictable and unpredictable components of earnings have increased in recent years. The increase in uncertainty is substantially … greater for unskilled workers. For less skilled workers, roughly 60% of the increase in wage variability is due to uncertainty …

Persistent link: https://www.econbiz.de/10005761726