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"Using nine microeconomic data sets, from the United States, the Netherlands and Germany, and the examples of skin tone, height and beauty, this study examines whether: 1) It is absolute or relative differences in a characteristic that affect labor-market and other outcomes; and 2) The effects of a characteristic change when all agents acquire more of it - become taller or better-looking. Relative differences describe market-wide outcomes almost as well as absolute differences; but confronted with a choice among individuals, decision-makers respond more to absolute differences. Also, an increase in the mean of a characteristic's distribution does not alter market responses to differences in it. We reconcile these results by pointing to the role of imperfect perceptions of the characteristics and to sampling and aggregation in a market-wide context."Die Daten für Deutschland stammen aus dem ALLBUS 2008.
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http://www.roa.unimaas.nl/seminars/pdf2012/Hamerrmesh.pdf. (ALLBUS)
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ALLBUS-Bibliography
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Aufgenommen: 27. Fassung, Februar 2013
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Light or lighter? Tall or taller? Pretty or prettier? The nature of market responses to ascriptive characteristics
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(2), 2012
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Bibsonomy
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2012
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ALLBUS
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ALLBUS2008
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ALLBUS_input2012
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ALLBUS_pro
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ALLBUS_version27
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FDZ_ALLBUS
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checked
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english
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techreport
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