, spouses' wages, hours of work, and time spent with children to estimate the sensitivity of consumption and time allocation to …

and find strong evidence of smoothing of male's and female's permanent shocks to wages. Once family labor supply, assets …

Differences in wages, employment, and capital between worker-owned and capitalist enterprises are computed from a …. Co-op wages are about 14 percent lower on average and they are more volatile (and employment less volatile) than those in … capitalist and co-op enterprises. -- worker-owned firms ; capitalist firms ; wages ; employment ; capital …

of wages. Our model accounts for endogenous participation and mobility decisions. We find that firm-specific permanent … productivity shocks transmit to individual wages, but the effect is mostly concentrated among the high-skilled workers. For low … one-third higher relative to a scenario with no pass-through of firm shocks onto wages. …