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are also reported on. The first shows that cointegration vector parameter estimation error is crucial when using VEC … alternative models, due to parameter estimation error, indicating that caution needs to be exercised when interpreting the results …
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One of the fundamental problems of the positive theory of income taxation is explaining why the statutory income tax schedules in all industrialized democracies are marginal-rate progressive. While it is commonly believed that this is but a simple consequence of the fact that the number of...
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We compare male and female upward labor income mobility in Germany and the United States using the GSOEP-PSID Cross-National Equivalent File. Our main interest is to test whether a glass ceiling exists for women. Conventional thinking about the glass ceiling highlights the belief that the...
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