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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
Persistent link: https://www.econbiz.de/10012175623
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 …
Persistent link: https://www.econbiz.de/10014468296
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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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Can the demographic trends of increased life expectancy and decreasing birth rates, along with the labor market patterns of returns to human capital investment and changes in real hourly earnings, account for changes in women's and men's lifetime earnings? Using a Vector Error Correction Model...
Persistent link: https://www.econbiz.de/10014520391