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  • Laurence J. Kotlikoff and David A. Wise, Pensions, Labor, and Individual Choice (University of Chicago Press, 1985), chap. 3, https://www.nber.org/books-and-chapters/pensions-labor-and-individual-choice/labor-compensation-and-structure-private-pension-plans-evidence-contractual-versus-spot-labor.

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Distingiishing "spot" versus "contract" views of the labor market is of critical importance to a host of economic...

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