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A dynamic theory of holdup
Che, Y.-K.; Sakovics, J. - Wisconsin Madison - Social Systems - 2001
Persistent link: https://www.econbiz.de/10005281514
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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
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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