Showing 1 - 9 of 9
The paper studies the effects of cross-country differences in the productionprocess of human capital on income … effect upon intragenerational income inequality and growth along theequilibrium path. We also indicate how the level of …
Persistent link: https://www.econbiz.de/10010324734
The paper studies the determinants of income distribution and growth in an overlapping generations economy ….Heterogeneity in income results from the distribution of human capital acrossindividuals in a non-degenerate way. The human capital … production is affected by 'home-education' , provided bythe parents, as well as 'public-education , which is provided equally to …
Persistent link: https://www.econbiz.de/10010324875
High inequality has long been regarded as one of the main problems facing Latin American countries. To understand better the determinants of inequality and to help guide thinking about policy options, it is useful to know whether inequality mainly reflects low intergenerational mobility or...
Persistent link: https://www.econbiz.de/10010327131
Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the private return to schooling. We present a simple explanation combining two ideas: imperfect substitution and endogenous skill-biased technological progress and use cross-country...
Persistent link: https://www.econbiz.de/10010324788
acounteracting effect: an increase in the stock of human capitalreduces the return to human capital and, therefore, pre-tax income …
Persistent link: https://www.econbiz.de/10010325056
In this paper we investigate earnings mobility in Austria from the angle of individual persons: earnings mobility over time has two aspects: positional changes and the volatility of earnings over time. Whereas the further is a positive outcome, more volatility as such can be seen as negative. We...
Persistent link: https://www.econbiz.de/10010294551
Mit Hinweis auf die künftige demographische Entwicklung und hohe Alterseinkommen von Rentnern werden Vorschläge zur Umverteilung zwischen den „Generationen“ zugunsten Jüngerer und zulasten Älterer begründet. Wie steht es um die Alterseinkommen jetzt und zukünftig in Deutschland?
Persistent link: https://www.econbiz.de/10010303258
Persistent link: https://www.econbiz.de/10013342502
into education groups to determine whether there are differences in saving behavior along the distribution of income. Third …
Persistent link: https://www.econbiz.de/10010327161