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Reputation Cycles and Earnings Dynamics

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NBER2018-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w25252
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资源简介:
Cyclical patterns in earnings can arise when contracts between firms and their workers are incomplete, and when workers cannot borrow or lend so as to smooth their consumption. Earnings cycles generate occasional large changes in earnings, consistent with some recent empirical findings. At the
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2018-11-01
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