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Workers with longer job tenure are paid more, on average, than those with shorter tenure. This paper re‐opens the debate about whether individual financial returns to tenure are due to firm‐specific human capital accumulation or sorting according to unobserved individual productivity...
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Transfers for particular client groups such as children are often in-kind rather than cash. However, this may, at least partially, crowd out private expenditures on the goods in question because they reduce the incentive for other individuals, like parents, to make altruistic transfers. They are...
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We assess the validity of differences in eligibility ages for early and old age pension benefits as instruments for estimating the effect of retirement on cognitive functioning. Because differences in eligibility ages across country and gender are correlated with differences in years of...
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C31, C35, D12, J22 </AbstractSection> Copyright Bingley and Walker; licensee Springer. 2013
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In-work transfer schemes have recently been suggested as a device for encouraging labor force participation and reducing the severity of the disincentives associated with out-of-work income support schemes. Here the authors estimate a discrete choice labor supply model which allows for...
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