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Working Paper Series - Dipartimento di scienze economiche, aziendali, matematiche e statistiche "Bruno de Finetti" >

Working Papers Series 2011, 3 : [1]

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Francesco Feri
A Note on the POUM Effect with Heterogeneous Social Mobility

 
 
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We study the determinants of the (steady-state) POUM effect in a model where the individuals evaluate their expected future income using both their current income and observable characteristics such as education, race or gender.

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A Note on the POUM Effect with Heterogeneous Social Mobility

 

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