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For almost 30 years now , most empirical work in labor economics has relied on human - capital theory to drive statistical specifications . A parsimonious structure , the theory has proved itself capable of generating rich , testable ...
For almost 30 years now , most empirical work in labor economics has relied on human - capital theory to drive statistical specifications . A parsimonious structure , the theory has proved itself capable of generating rich , testable ...
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I benefited very much from discussing many finer points of economic theory with him . But I also benefited substantially by following his advice to spend a sizable part of my Stanford time studying mathematics and statistics .
I benefited very much from discussing many finer points of economic theory with him . But I also benefited substantially by following his advice to spend a sizable part of my Stanford time studying mathematics and statistics .
Página 500
When a model is found not working , opportunity exists to modify the theory to account for the data or to reject the theory . Thus , the laboratory provides an arena in which competing notions and theories about the nature of human ...
When a model is found not working , opportunity exists to modify the theory to account for the data or to reject the theory . Thus , the laboratory provides an arena in which competing notions and theories about the nature of human ...
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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