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population wide estimate of the rental rate of human capital. To illustrate heterogeneity in the production of human capital, we …
Persistent link: https://www.econbiz.de/10010293210
income on independent living as well as considerable heterogeneity. The elderly with easy access to their adult children …
Persistent link: https://www.econbiz.de/10011307335
Mechanisms to overcome social dilemmas provide incentives to maximize efficiency. However, often – such as when agents are heterogeneous – there is a trade-off between efficiency and equality. Agents' concerns for equality in such instances can limit the ability of mechanisms to promote...
Persistent link: https://www.econbiz.de/10011401649
conclusions change dramatically after allowing for heterogeneity in effects. …
Persistent link: https://www.econbiz.de/10011401759
particular, we test whether decision makers in multi-stage tournaments take heterogeneity induced changes of continuation values …
Persistent link: https://www.econbiz.de/10011420735
effects and (ii) unobserved worker heterogeneity in terms of the inherent cost of maintaining connections within a productive … informal network. The model predicts that a greater degree of unobserved heterogeneity tilts the estimates toward producing a … contact methods and wage offers requires a careful assessment of the unobserved heterogeneity and peer influences in the …
Persistent link: https://www.econbiz.de/10011420748
. Focusing on English, we also explore the heterogeneity in returns to different levels of proficiency by frequency of English …
Persistent link: https://www.econbiz.de/10010329151
Immigrants may complement native workers, increase productivity, allow specialization by skill in the firm and lower costs. These effects could be beneficial for the firm and increase its productivity and profits. However not all firms use immigrants. Allowing firms to have differential fixed...
Persistent link: https://www.econbiz.de/10010352228
from the outset of their spells (heterogeneity). Another is that their bad outcomes are a consequence of the extended … previous researchers that we use to control for individual heterogeneity that might be affecting subsequent labor market … likelihood of subsequent employment. This finding is inconsistent with the heterogeneity ("bad apple") explanation for why the …
Persistent link: https://www.econbiz.de/10011559651
We document substantial heterogeneity in occupational employment dynamics in response to government spending shocks …
Persistent link: https://www.econbiz.de/10011653194