Trading Up and the Skill Premium
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https://www.nber.org/papers/w25931
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资源简介：
We study the impact on the skill premium of increases in the quality of goods consumed by households (trading up). Our empirical work shows that high- quality goods are more intensive in skilled labor than low-quality goods and that household spending on high-quality goods rises with income. We
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美国国家经济研究局创建时间：
2019-06-01
