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Introduction -- The history of the minimum wage in the United States -- The effects of minimum wages on employment … -- Minimum wage effects on the distribution of wages and earnings -- The effects of minimum wages on the distribution of incomes … -- The effects of minimum wages on skills -- The effects of minimum wages on prices and profits -- The political economy of …
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This paper presents a theoretical and empirical analysis of the role of life expectancy for optimal schooling and lifetime labor supply. The results of a simple prototype Ben-Porath model with age-specific survival rates show that an increase in lifetime labor supply is not a necessary, nor a...
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