๐”– Bobbio Scriptorium
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Unemployment insurance and the intertemporal substitution of consumption and labor supply

โœ Scribed by Arthur Snow; Ronald S. Warren Jr.


Book ID
114130378
Publisher
Elsevier Science
Year
1991
Tongue
English
Weight
446 KB
Volume
13
Category
Article
ISSN
0164-0704

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โœ Richard Rogerson; Peter Rupert ๐Ÿ“‚ Article ๐Ÿ“… 1993 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 661 KB

Many empirical tests of the intertemporal substitution theory of labor market fluctuations have assumed that shocks to the labor demand curve are the sole source of variance in hours and wages. We show that conclusions based on these tests are very sensitive to small deviations from this extreme cas