Working Papers Series 2011, 3 : [1] Collection home page

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

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WP_3_2011 feri.pdf.jpg13-Dec-2011A Note on the POUM Effect with Heterogeneous Social MobilityFeri, Francesco
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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.