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Testing Intertemporal Substitution,Implicit Contracts,and Hours Restriction Models of the Labor Market Using Micro Data
Testing Intertemporal Substitution Implicit Contracts Hours Restriction Models Labor Market Micro Data
2015/9/18
We present new tests of three theories of the labor market: intertemporal substitution, hours restrictions, and implicit contracts. The intertemporal substitution test we implement is an exclusion tes...