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To illustrate how significant these wealth effects may be , consider the simple case in which is characterized by constant returns to scale in the decision variables , x ,, and u is characterized by constant relative risk aversion .
To illustrate how significant these wealth effects may be , consider the simple case in which is characterized by constant returns to scale in the decision variables , x ,, and u is characterized by constant relative risk aversion .
Página 386
We allow different coefficients on the worker characteristic variables in the 1979-1980 and 1990-1991 periods ... DUM91 ;, × 83 ) By including state effects and state effects interacted with an indicator variable for working in the ...
We allow different coefficients on the worker characteristic variables in the 1979-1980 and 1990-1991 periods ... DUM91 ;, × 83 ) By including state effects and state effects interacted with an indicator variable for working in the ...
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The availability of other sources of information on parental skills and ethnic background suggests that these alternative measures of the variables can be used as instruments in the intergenerational - transmission equation .
The availability of other sources of information on parental skills and ethnic background suggests that these alternative measures of the variables can be used as instruments in the intergenerational - transmission equation .
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Evidence? | 17 |
The Effect of Institutions on Economic Behavior | 409 |
Theory of Contracts | 432 |
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