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A New Framework for the Analysis of Inequality / Flavio Cunha, James J. Heckman.
- Format:
- Book
- Author/Creator:
- Cunha, Flavio.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w12505.
- NBER working paper series no. w12505
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2006.
- Summary:
- This paper presents a new framework for analyzing inequality that moves beyond the anonymity postulate. We estimate the determinants of sectoral choice and the joint distributions of outcomes across sectors. We determine which components of realized earnings variability are due to uncertainty and which components are due to components of human diversity that are forcastable by agents. Using our tools, we can determine how policies shift persons across sectors and outcome distributions across sectors.
- Notes:
- Print version record
- September 2006.
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