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Factor Substitution and Unobserved Factor Quality in Nursing Homes

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NBER2004-05-01 更新2025-01-04 收录
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This paper studies factor substitution in one important sector: the nursing home industry. Specifically, we measure the extent to which nursing homes substitute materials for labor when labor becomes relatively more expensive. From a policy perspective, factor substitution in this market is

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2004-05-01
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