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The correlation in economic status among siblings is a useful ?omnibus measure? of the overall impact of family and community factors on adult economic status. In this study we compare brother correlations in long-run (permanent) earnings between the United States, on one hand, and the Nordic...
Persistent link: https://www.econbiz.de/10010276293
expansive income tax policy that is adopted to increase public education expenditure per pupil. It is shown that such a policy … may exacerbate income inequality in the long run if for the less skilled dynasties, the benefits of more public spending …-induced tax base erosion is not severe, an expansive income tax policy indeed enhances future human capital for all dynasties, and …
Persistent link: https://www.econbiz.de/10010269791
Increasing earnings inequality has been an important feature of the US and UK labour markets in recent years. The increase appears to be related to an increased demand for skilled labour and an increase in the returns to education. In this paper we examine what has happened to earnings...
Persistent link: https://www.econbiz.de/10010262376
hypotheses. First, there is no disparity in the income and returns to education benefits of the shift to democracy across gender … in Nigeria. Second, there are no within gender disparities of the shift to democracy on income and returns to education … democracy, gender differences exist. Specifically, I find on average higher income benefits for men post democracy. Nigeria …
Persistent link: https://www.econbiz.de/10010268537
A large literature has documented a significant increase in the return to college over the past 30 years. This increase is typically measured using nominal wages. I show that from 1980 to 2000, college graduates have increasingly concentrated in metropolitan areas that are characterized by a...
Persistent link: https://www.econbiz.de/10010268731
of the urban population in work-active ages and use data from the Chinese Income Project (CHIP) covering eastern, central … being employed as a worker of high rank. There is relatively little income inequality among workers of high rank as well as … among workers of middle rank. Mean income and household wealth per capita of highly-ranked workers developed more favorably …
Persistent link: https://www.econbiz.de/10010269112
inequality below median income and increases it above median income. There is also evidence in our data that education and …
Persistent link: https://www.econbiz.de/10010268370
A longstanding question in the economics of the family is the relationship between sibship size and subsequent human capital formation and economic welfare. If there is a causal quantity-quality tradeoff, then policies that discourage large families should lead to increased human capital, higher...
Persistent link: https://www.econbiz.de/10010267406
Recent work on social status led to derivation of a new continuous distribution based on the exponential. The new variate, termed the ring(2)-exponential, in turn leads to derivation of two closely-related new families of continuous distributions, which we call the mirror-exponential and the...
Persistent link: https://www.econbiz.de/10010267847
experiment. On average, we found positional concerns neither in income per se nor in income from aid projects among the farmers …. These results support the claim that positional concerns are positively correlated with absolute level of income of a …
Persistent link: https://www.econbiz.de/10010269655