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This review article examines the role of labor income risk in determining the value of a person's human capital. We … framework, we highlight the implications of different assumptions about the correlation between market returns and labor income …
Persistent link: https://www.econbiz.de/10013072311
This review article examines the role of labor income risk in determining the value of a person's human capital. We … framework, we highlight the implications of different assumptions about the correlation between market returns and labor income …
Persistent link: https://www.econbiz.de/10010211021
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not work at all, time spent with children, and child-related expenditures, we find that income risk impacts skill … childhood is hard--as available evidence suggests--uninsurable income risk can negatively impact the labor market prospects of …
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The changes in women and men's work lives have been considerable in recent decades. Yet much of the recent research on gender differences in employment and earnings has been of a more snapshot nature rather than taking a longer comparative look at evolving patterns. In this paper, we use 50...
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