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Published in 2020 at "Eastern Economic Journal"
DOI: 10.1057/s41302-020-00172-6
Abstract: We investigate how variation in initial conditions, which assign individuals into advantaged or disadvantaged positions, alters behavior. We illustrate the problem within a labor market context and consider the impact of accumulated debt on wage…
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Keywords:
breaking bad;
bad disadvantaged;
wage;
disadvantaged incentivizes ... See more keywords