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Fathers in many countries enjoy a wage premium as compared with childless men, but parenthood does not benefit all men equally. Income inequality among men has increased markedly since the 1970s, suggesting that differences among fathers have grown over time. Five waves of LIS data and...
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This paper investigates whether one's effort to keep up with the Joneses has any effect on labor supply behavior. We provide a simple model and empirical evidence that labor supply decisions of married women are influenced by relative as well as absolute income of their husbands. We find, after...
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