Labor earnings reductions, happiness levels and needs hierarchy

Understanding Earnings, Labor Supply, and Retirement Decisions

We develop and estimate a model in which individuals make decisions on consumption, human capital investment, labor supply, and retirement. Unlike all previous work, our model allows both an endogenous wage process (which is typically assumed exogenous in the human capital and earnings dynamics literature). In addition, we introduce health shocks. We estimate the model and match the life-cycle ...

On dispersionless BKP hierarchy and its reductions

Integrable dispersionless Kadomtsev-Petviashvili (KP) hierarchy of B type is considered. Addition formula for the τ -function and conformally invariant equations for the dispersionless BKP (dBKP) hierarchy are derived. Symmetry constraints for the dBKP hierarchy are studied.

Maslow's Hierarchy of Needs

Hierarchy of food needs.

How would it look to apply the principles of Maslow’s Hierarchy of Needs to food management? Why even wrestle with such a conundrum? The Satter Eating Competence Model (ecSatter) stresses joining with individuals right where they are and working within their constraints and circumstances. Rather than emphasizing food selection and portion sizes, ecSatter operationalizes the Dietary Guidelines b...

The great moderation in micro labor earnings

Between 1980 and the early 1990s the variability of labor earnings growth rates across the prime-age working population fell significantly. This decline and timing are consistent with other macro and micro observations about growth variability that are collectively referred to as the ‘‘Great Moderation.’’ The variability of earnings growth is negatively correlated with age at any point in time,...