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Children, Time Allocation and Consumption Insurance
Blundell, Richard W. - 2017
, spouses' wages, hours of work, and time spent with children to estimate the sensitivity of consumption and time allocation to …
Persistent link: https://www.econbiz.de/10012943615
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Earnings Dynamics and Firm-Level Shocks
Friedrich, Benjamin - 2019
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; firm …
Persistent link: https://www.econbiz.de/10012871560
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Portfolio Choices, Firm Shocks and Uninsurable Wage Risk
Fagereng, Andreas - 2016
Assessing the importance of uninsurable wage risk for individual financial choices faces two challenges. First, the identification of the marginal effect requires a measure of at least one component of risk that cannot be diversified or avoided. Moreover, measures of uninsurable wage risk must...
Persistent link: https://www.econbiz.de/10012978096