Labor supply with stochastic wage rate and non-labor income uncertainty
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Publication:741583
DOI10.1007/S00712-012-0293-5zbMATH Open1294.91096OpenAlexW2115378084MaRDI QIDQ741583FDOQ741583
Authors: Jian-Li Wang, Pu Gong
Publication date: 12 September 2014
Published in: Journal of Economics (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/s00712-012-0293-5
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- Resource allocation in a general equilibrium model of production under uncertainty: The case of variable supply of labor
- Nonlinear labor market dynamics
labor supplycross-prudentnon-labor income uncertaintypartial relative prudence measurestochastic wage rate
Cites Work
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- The effects of stochastic wages and non-labor income on labor supply: update and extensions
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- On relative and partial risk attitudes: theory and implications
- On the Theory of Risk Aversion
- Precautionary saving in the presence of other risks: a comment
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- Labor supply and wage rate uncertainty
- Labor supply under wage uncertainty
- Insurance demand, the elasticity of risk aversion, and relative prudence: a further result
- Benchmark values for higher order coefficients of relative risk aversion
- Another Type of Risk Aversion
- The consumption-based determinants of the term structure of discount rates
- Ecological discounting
Cited In (10)
- An interpretation of the condition for precautionary saving: the case of greater higher-order interest rate risk
- Precautionary saving under many risks
- Nonlinear risks: a unified framework
- Contingent Labor Contracting Under Demand and Supply Uncertainty
- The effects of stochastic wages and non-labor income on labor supply: update and extensions
- Nonlinear labor market dynamics
- Labor supply under wage uncertainty
- Resource allocation in a general equilibrium model of production under uncertainty: The case of variable supply of labor
- Employment and wages with sector-specific shocks and worker moral hazard
- Consistent preferences and the allocation of effort under uncertainty: the case of risk-averse behavior
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