Discount rate or learning curve?

This article examines a working paper on wage dynamics and unobserved heterogeneity. The paper suggests there are two general classes of heterogeneity: differences in individual productivity and differences in individual preferences. The relationship between smoking and wages might reflect differenc...

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Detalles Bibliográficos

Publicado en:	Monthly Labor Review Vol. 128; no. 4; p. 48
Formato:	Artículo
Publicado:	US Department of Labor Apr2005
Materias:	Heterogeneity Learning ability Working papers Wages & labor productivity Smoking in the workplace
Acceso en línea:	Ver este registro en EBSCOhost