Goodall, Amanda H.; Kahn, Lawrence M.; Oswald, Andrew J. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2008
happens. Jones and Olken (2005) examine the case of national leaders. By using, as
a natural experiment, 57 … quality q. Players’ ability is rewarded at wage w; coaching quality is rewarded
at rate per-unit-of-quality at salary s … determined by the rate of substitution between income and amenities
along an iso-utility level in the implicit function: μ …