Federal Reserve Bank of Minneapolis
نویسنده
چکیده
This paper argues that both inequality of opportunity and social mobility are necessary implications of an efficient, or optimal, societal arrangement when incentives must be provided. ∗The author thanks Marco Bassetto, V.V. Chari, Narayana Kocherlakota, and Aleh Tsyvinski for helpful comments. The views expressed herein are those of the author and not necessarily those of the Federal Reserve Bank of Minneapolis or the Federal Reserve System.
منابع مشابه
Finite Memory and Imperfect Monitorint
Reserve Bank of Minneapolis. We thank Steve Morris for comments and suggestions. The views expressed herein are the those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis or the Federal Reserve System.
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تاریخ انتشار 2003