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from worker self-selection may not be matched by a corresponding social gain. In particular, the equilibrium incentive to …
Persistent link: https://www.econbiz.de/10005123693
This paper provides new estimates of the medium and long-term impacts of Head Start on the health and behavioral … neighboring a single discontinuity). Participation in the program reduces the incidence of behavioral problems, serious health …
Persistent link: https://www.econbiz.de/10011084092
partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is … small. We cannot reject the hypothesis full insurance against temporary shocks. Another interpretation of our findings is … that there is very little insurance available, but the fact that skill is a non-separable function of parental investments …
Persistent link: https://www.econbiz.de/10011266538
We study a labour market in which firms can observe workers’ output but not their effort, and in which a worker’s productivity in a given firm depends on a worker-firm specific component, unobservable for the firm. Firms offer wage contracts that optimally trade off effort and wage costs. As...
Persistent link: https://www.econbiz.de/10005791700
We analyse the efficiency of the labour market outcome in a competitive search equilibrium model with endogenous …
Persistent link: https://www.econbiz.de/10005661864
malaria more salient, leading to a change in beliefs about its importance and to an increase in private health investments. …
Persistent link: https://www.econbiz.de/10011083460