| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w29832 |
| 来源ID | Working Paper 29832 |
| Personal Increasing Returns: Analytics and Applications | |
| Casey B. Mulligan | |
| 发表日期 | 2022-03-14 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | The human capital investment model with endogenous labor supply is generalized to consumer and health behaviors while retaining the tractability of comparative-static analysis of a single first-order condition. Accounting for the endogenous specialization responses is essential to properly distinguish supply and demand factors and to understand how the magnitude of their effects vary across time and circumstances. Even signing effects of policy interventions can hinge on the existence and extent of personal increasing returns. Applications include the gender gap in earnings, the dynamics of substance abuse, effects of taxes on human capital, the tradeoff between product quality and quantity, and unintended consequences of energy regulation. Metrics are provided for assessing the extent of personal increasing returns. |
| 主题 | Microeconomics ; Households and Firms ; Health, Education, and Welfare ; Health ; Labor Economics ; Labor Supply and Demand |
| URL | https://www.nber.org/papers/w29832 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587505 |
| 推荐引用方式 GB/T 7714 | Casey B. Mulligan. Personal Increasing Returns: Analytics and Applications. 2022. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w29832.pdf（421KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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