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Recent empirical contributions in labor economics suggest that individual firms face upward sloping labor supplies. We rationalize this by assuming that diosyncratic non-pecuniary conditions interact with money wages in workers' decisions to work for specific firms. Likewise, firms supply...
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Recent empirical contributions in labor economics suggest that individual firms face upward sloping labor supplies. We rationalize this by assuming that idiosyncratic non-pecuniary conditions interact with money wages in workers' decisions to work for specific firms. Likewise, firms supply...
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distance to employment centers and the accessibility to given amenities, and we show how heterogeneous households in income are … sorted out across the urban space. Under Stone-Geary preferences, the spatial income distribution is governed by a location … causal relationship between the amenity level and consumer income, suggesting that richer households sort themselves into …
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