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This paper examines the link between income and consumption inequality. We
create panel data on consumption for the Panel Study of Income Dynamics using
an imputation procedure based on food deman...
Understanding the Advice of Commissions-Motivated Agents:Evidence from the Indian Life Insurance Market
Customers Insurance Product Service Operations Agency Theory Sales Motivation and Incentives
2015/4/27
We conduct a series of field experiments to evaluate two competing views of the role of financial service intermediaries in providing product recommendations to potentially uninformed consumers. One v...