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to idiosyncratic shocks to shift from ownfarm cultivation to the labor market.1 The importance of labor income for Indian farm households increases the likelihood of such a response . The ICRISAT data set , which provides the basis for ...
to idiosyncratic shocks to shift from ownfarm cultivation to the labor market.1 The importance of labor income for Indian farm households increases the likelihood of such a response . The ICRISAT data set , which provides the basis for ...
Página 243
Industrial and Labor Relations Review , October 1992b , 46 ( 1 ) , pp . 38-54 . • Card , David and Krueger , Alan B. " Minimum Wages and Employment : A Case Study of the Fast - Food Industry in New Jersey and Pennsylvania .
Industrial and Labor Relations Review , October 1992b , 46 ( 1 ) , pp . 38-54 . • Card , David and Krueger , Alan B. " Minimum Wages and Employment : A Case Study of the Fast - Food Industry in New Jersey and Pennsylvania .
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procyclical in the Jorgenson data set because labor quality is significantly countercyclical.18 A slightly higher real wage paid to lower - quality workers implies that the cost of an efficiency unit of labor is much higher in booms .
procyclical in the Jorgenson data set because labor quality is significantly countercyclical.18 A slightly higher real wage paid to lower - quality workers implies that the cost of an efficiency unit of labor is much higher in booms .
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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