Question: Saved Jagannathan and Wang ( 1 9 9 6 ) used the _ _ _ _ _ as a proxy for changes in the value

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Jagannathan and Wang (1996) used the _____ as a proxy for changes in the value of human capital.
Question 22 options:
Rate of change in per labour income
General inflation
Interest rates
Future investment opportunities
None of the options are correct.

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