Showing 1 - 3 of 3
This paper addresses the problem of point identification in the presence of measurement error in discrete variables; in particular, it considers the case of having two "noisy" indicators of the same latent variable and without any prior information about the true value of the variable of...
Persistent link: https://www.econbiz.de/10010443367
We present a job posting model of a labour market where jobs differ in characteristics other than wages and workers differ in their marginal willingness to pay for such characteristics. This creates incentives for firms to separate workers by posting multiple jobs. The interaction between these...
Persistent link: https://www.econbiz.de/10010456965
This paper presents a model of parental decision making where parents care about consumption and the human capital of the children. Preferences over these goods can differ within households. Parents will agree to cooperate (stay married) if the utility they get from coordinating time inputs (ie...
Persistent link: https://www.econbiz.de/10011445275