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Insurance and opportunities : a welfare analysis of labor market risk

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Persistent link: https://www.econbiz.de/10003764216

Joint-search theory : new opportunities and new frictions

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Consumption and labor supply with partial insurance : an analytical framework

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Consumption and labor supply with partial insurance : an analytical framework

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The macroeconomic implications of rising wage inequality in the United States

Heathcote, Jonathan; Storesletten, Kjetil; Violante, … - In: Journal of political economy 118 (2010) 4, pp. 681-722

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Insurance and opportunities : a welfare analysis of labor market risk

Heathcote, Jonathan; Storesletten, Kjetil; Violante, … - 2007

"Using a model with constant relative risk-aversion preferences, endogenous labor supply and partial insurance against idiosyncratic wage risk, we provide an analytical characterization of three welfare effects: (a) the welfare effect of a rise in wage dispersion, (b) the welfare gain from...