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- W2003201076 abstract "There is a substantial amount of microeconomic evidence documenting diferential responses of labor supply across productivity groups. In partic-ular, more productive individuals: (i) enjoy a higher employment rate, (ii) have a lower volatility of employment and (iii) spend less time working at home. This paper constructs a real business cycle model with permanent heterogeneity in individual productivity. We calibrate the model with five productivity groups to match key aggregate features of the U.S. economy. We find that the model delivers most of the properties of the data." @default.
- W2003201076 created "2016-06-24" @default.
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- W2003201076 date "2000-12-01" @default.
- W2003201076 modified "2023-10-17" @default.
- W2003201076 title "Differential responses of labor supply across productivity groups" @default.
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- W2003201076 doi "https://doi.org/10.1016/s0164-0704(00)00124-5" @default.
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