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"This study presents evidence that the correlation in brothers' earnings has risen in recent decades. We use two distinct cohorts of young men from the National Longitudinal Surveys and estimate that the correlation in earnings between brothers rose from 0.26 to 0.45. This suggests that family...
Persistent link: https://www.econbiz.de/10001920916
less than those reported for schooling of children. However, our internal rate of return estimates are very sensitive to …
Persistent link: https://www.econbiz.de/10001920927
During the past two centuries, major technological breakthroughs such as the steam engine and electricity have acted as the catalysts for growth and have resulted in a marked increase in material well-being. The dominant technology today - information and communication technology (ICT) - does...
Persistent link: https://www.econbiz.de/10014474134
new institutional setting of a market economy. The absolute level of income and of the standard of living is still low …
Persistent link: https://www.econbiz.de/10005537125
"This paper studies individual log real wage change of east and west Germans over the period 1990/91 to 1995/96 using data from the German Socio-economic Panel. Parameters are estimated by median regression. Human capital theory and job mobility theories have implications for wage changes that...
Persistent link: https://www.econbiz.de/10005537171
with a flat labor income tax. Under suitable restrictions on the parameters, a revenue neutral progressive change in the …
Persistent link: https://www.econbiz.de/10008876213