This is a preliminary version of an evolving project—feedback highly appreciated. We thank Fabrizio Zilibotti for early discussions that helped shape some of the ideas in this paper. Financial support from the German Science Foundation (through CRC-TR-224 (project A3) and the Gottfried Wilhelm Leibniz-Prize) and the National Science Foundation (grant SES-1949228) is gratefully acknowledged. The views expressed herein are those of the a | Autoría:
NATIONAL BUREAU OF ECONOMIC RESEARCH
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