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. Over time, raw wage differentials world-wide have fallen substantially; however, most of this decrease is due to an …
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Starting a firm with expansive potential is an option for educated and high-skilled workers. This option serves as an insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within a matching model that reducing the start-up costs...
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, practically all countries have enacted some sort of law mandating equal treatment of men and women. This paper uses a new …
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