Insurance and Opportunities: A Welfare Analysis of Labor Market Risk
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下载链接：
https://www.nber.org/papers/w13673
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资源简介：
Using a model with constant relative risk-aversion preferences, endogenous labor supply and partial insurance against idiosyncratic wage risk, we provide an analytical characterization of three welfare effects: (a) the welfare effect of a rise in wage dispersion, (b) the welfare gain from completing
提供机构：
美国国家经济研究局
创建时间：
2007-12-01
