Hess, Gregory D. (contributor) - 2002 - [Elektronische Ressource]
idiosyncratic labor income risk. Ceteris paribus, an individual would prefer to marry a "hedge" (i.e. a spouse whose income is … love is very persistent, for example, and the resolution of uncertainty to agents' income is early, then those who in fact … resolution of uncertainty to agents' income is predominantly later, then those who in fact marry hedges will in fact be less …