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A Note on the POUM Effect with Heterogeneous Social Mobility
Feri, Francesco
2011-12-13
Abstract
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.
Series
Working paper series - Dipartimento di Scienze economiche, aziendali, matematiche e statistiche "Bruno de Finetti"
3 (2011)
Languages
en
File(s)