Showing 1 - 7 of 7
The validity of family background variables instrumenting education in income regressions has been much criticized. In … instruments in income regressions. …
Persistent link: https://www.econbiz.de/10010326044
Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from …) income and of education. Using instrumental variables can provide a way out. However, three questions remain: whether … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …
Persistent link: https://www.econbiz.de/10010325824
This article examines to what extent recent empirical evidence can collectively and systematically substantiate the claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What is the contribution of entrepreneurs to the economy...
Persistent link: https://www.econbiz.de/10010325306
We examine the relationship between income and health with the purpose of establishing the extent to which the … distribution of health in a population contributes to income inequality and is itself a product of that inequality. The evidence … supports a significant and substantial impact of ill-health on income mainly operating through employment, although it is …
Persistent link: https://www.econbiz.de/10010326364
While rent taxation in some theories is neutral, and the tax rate could not be set to one hundred percent to minimize the need for distortionary taxes, this does not occur in practice. An important reason for this is the transfer incentives that would result. Monitoring to prevent transfer...
Persistent link: https://www.econbiz.de/10010330284
It is well known that income and health are positively associated. Much less is known about the strength of this … by government transfers versus market transfers on changes in income-related health inequality (IRHI) in Europe. Using … European Union Survey of Income and Living Conditions (EU-SILC) panel data for 7 EU countries from 2004 to 2013, we decompose …
Persistent link: https://www.econbiz.de/10011932337
Two family-specific lotteries take place during conception— a social lottery that determines who our parents are and … which environment we grow up in, and a genetic lottery that determines which part of their genomes our parents pass on to us … socioeconomic status. Here, we estimate a lower bound for the relevance of these two lotteries for differences in education, income …
Persistent link: https://www.econbiz.de/10012606001