Labor-Force Heterogeneity and Asset Prices: the Importance of Skilled Labor
收藏NBER2015-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21487
下载链接
链接失效反馈官方服务：
资源简介：
We introduce labor-force heterogeneity in a neoclassical investment model. In the baseline model, we highlight the fact that labor adjustment costs are higher for high skilled workers than for low skilled workers. The model predicts that the negative hiring-expected return relation should be steeper
提供机构：
美国国家经济研究局
创建时间：
2015-08-01
