This paper develops a model showing that people who have flexibility in choosing how much to work will prefer to invest substantially more of their money in risky assets than if they had no such flexi
Armenia Working Hours in a Week data was reported at 40.200 Hour in 2021. This records an increase from the previous number of 40.100 Hour for 2020. Armenia Working Hours in a Week data is updated yea
This is the replication package for "Careers in Firms: The Role of Learning about Ability and Human Capital Acquisition," accepted in 2023 by the Journal of Political Economy.
The paper studies human capital accumulation over workers' careers in an on the job search setting with heterogenous firms. In renegotiation proof employment contracts, more productive firms provide m