The American Economic Review, Volume 96American Economic Association., 2006 |
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Página 961
... supply over the 1990s , the increase in the log college premium over that decade would been about 10 log points higher , i.e. , about as large as the increase during the 1980s . The estimated impact of relative supplies on relative ...
... supply over the 1990s , the increase in the log college premium over that decade would been about 10 log points higher , i.e. , about as large as the increase during the 1980s . The estimated impact of relative supplies on relative ...
Página 962
... supply of college- educated workers and on the aggregate rela- tive supply , proxied here by the relative supply of older college - educated workers . Be- cause prices and quantities are jointly deter- mined in a supply and demand ...
... supply of college- educated workers and on the aggregate rela- tive supply , proxied here by the relative supply of older college - educated workers . Be- cause prices and quantities are jointly deter- mined in a supply and demand ...
Página 981
... supply effect diminished and the overid test fails . Table 11 explores the use of alternative in- struments , also significantly correlated with the relative supply of college - educated workers . First , lagged college - age population ...
... supply effect diminished and the overid test fails . Table 11 explores the use of alternative in- struments , also significantly correlated with the relative supply of college - educated workers . First , lagged college - age population ...
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5 | 720 |
MAYORG AND MARCH | 989 |
This Appendix explains in more detail | 1232 |
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agent analysis assumption auction average behavior bidder bonus rate buyer certifier choice choose coefficient column concave condition consumption correlation cost cotinine countries demand denote distribution earnings effect efficient effort levels endogenous enrollment equation equilibrium estimates exchange rate expected Figure firm gamble GATT growth higher human capital impact implies incarceration income increase incumbent investment Jobs Journal of Economics Lemma March CPS marginal marginal cost match May/ORG measure ment mixed strategy monthly contract Nash equilibrium nomic observed optimal order flow outcomes p-value paper parameter payoff percent period players predictions preferences price vector profits Proposition quantiles regression relative supply residual residual variance risk aversion rounds sample Section skills smoking social security standard strategy subsidy Table tariff Theorem tion topcode users utility functions variables variance wage inequality Walrasian equilibrium welfare workers zero