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SebKom SebKom
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6 years ago
Interpret the elasticity of sons' earnings with respect to fathers' earnings if that elasticity equals 1, and if that elasticity equals 0.  If the actual value of the elasticity is 0.6, what does that say about the degree of intergenerational earnings mobility?
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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alanialani
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6 years ago
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