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This paper studies wage determination using the first longitudinal dataset containing joblevel task information for individual workers. Novel quantitative task measures detail the amount of time spent performing People, Information, and Objects tasks at different skill levels. These measures...
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"Using peer-to-peer (P2P) lending as an example, we show that learning by doing plays an important role in alleviating the information asymmetry between market players. Although the P2P platform (Prosper.com) discloses part of borrowers' credit histories, lenders face serious information...
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