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作者：CONNELLY, R; GOTTSCHALK, P
作者单位：Boston College
摘要：This article develops analytic links between cohort composition and human capital accumulation across generations. By focusing on cohort composition rather than cohort size, it offers new links between demographic change and economic outcomes. The model shows that changes in the educational attainment of parents and changes in relative fertility rates between educational classes affect human capital accumulation of the next generation. The main prediction of the model, of a negative behavioral...
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作者：DANZIGER, L
摘要：This article incorporates contract reopeners into the analysis of contract duration and compares contracts with a reopener to contracts that cannot be reopened. The model contains relative and nominal shocks. It is shown that the stated duration of a reopenable contract is shortened by uncertainty associated with small shocks but lengthened by uncertainty associated with large shocks. However, the discounted expected duration decreases with the uncertainty associated with both small and large ...
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作者：LIGHT, A; URETA, M
作者单位：Texas A&M University System; Texas A&M University College Station
摘要：We estimate a wage model that includes an array of variables measuring the fraction of time worked during each year of the career. This array fully characterizes past employment experience, regardless of how sporadic it has been. Our model yields substantially higher estimated returns to experience and lower returns to tenure than do models that measure experience cumulatively and use the standard quadratic functional form. We find that the data reject the standard model but fail to reject our...
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作者：CARD, D; OLSON, CA
作者单位：University of Wisconsin System; University of Wisconsin Madison
摘要：Strike outcomes in the 1880s had a ''winner-take-all'' character. Successful strikes ended with a discrete wage gain; failed strikes ended with a return to work at the prestrike wage. We present a theoretical interpretation of these outcomes based on a war-of-attrition model. We fit an empirical model specifying the capitulation times of the two parties and the size of the wage gain in the event of a strike success. The results show a systematic relation between the determinants of strike succ...
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作者：NALBANTIAN, HR; SCHOTTER, A
作者单位：New York University
摘要：This article presents the results of an experimental study investigating the problem of allocating heterogeneous indivisible objects using market-like mechanisms. The object of study is the market for professional baseball players in their free-agent year. We investigate both the current free-agency system and a variant of the current system instituted informally by the teams and ruled illegal by arbitrators. We then propose and test a new alternative matching mechanism, which proves to have q...
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作者：HUNT, J
作者单位：National Bureau of Economic Research
摘要：In West Germany during the 1980s, law changes cut the level of unemployment compensation for the unemployed without children and extended the duration of unemployment insurance for unemployed aged over 41. Analysis of these changes using the German Socioeconomic Panel shows that transitions from unemployment for those under 49 were particularly responsive to extensions of unemployment insurance. The implied elasticity for escapes of men to employment is similar to estimates for men in the Unit...
