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Human capital benefits individuals in our model by raising the wage that they earn in the market sector . The wage can be expressed as the product of an individual's human capital and a base wage ( ie . , wwh ) where the base wage ...
Human capital benefits individuals in our model by raising the wage that they earn in the market sector . The wage can be expressed as the product of an individual's human capital and a base wage ( ie . , wwh ) where the base wage ...
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One reason is that individual adjustment in some cases requires collective action . For instance , individual adjustment in work effort may require new collectivebargaining agreements between unions and employers , such as the number of ...
One reason is that individual adjustment in some cases requires collective action . For instance , individual adjustment in work effort may require new collectivebargaining agreements between unions and employers , such as the number of ...
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The Job as the Unit of Analysis Every employment relationship is a pairing of a job slot with an individual who holds the job . Because of this pairing , it is possible to study jobs by studying the individuals who hold them .
The Job as the Unit of Analysis Every employment relationship is a pairing of a job slot with an individual who holds the job . Because of this pairing , it is possible to study jobs by studying the individuals who hold them .
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Evidence? | 17 |
The Effect of Institutions on Economic Behavior | 409 |
Theory of Contracts | 432 |
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aggregate analysis assume average bank behavior benefits capital central changes choice coefficient condition consumption contract correlation cost countries decision demand depends discussion Economic effect employment equal equation equilibrium estimates evidence example expected firms function given growth higher households important income increase individual industry inflation interest International issue Journal labor less lower marginal mean measure ment monetary Notes observations output percent period player political population positive possible preferences Press probability problem question ratio reduce regression relative reported Research response Review risk rules sample schooling sector shocks significant social spending standard statistically studies suggests Table theory tion trade transfer United University utility variables wage welfare workers