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This paper analyzes economic assortative mating and its contribution to inequality in France. We first provide … France. The correlation coefficient for education is above 0.6. The correlation in earnings is lower but sizable: around 0 …
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knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …
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, age and wages were positively related throughout working life, but more recently older workers' wages have been lower than … those of middle-aged workers. The relationship between education and wages was weak in 1988 but strengthened rapidly …
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This paper investigates the importance of heterogeneity in the labor earning shock processes. We analyze the earning shock process for both male and female workers in several countries. We argue that unlike time series analysis, in a life cycle model the forecasting horizon is finite and in...
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