Showing 1 - 10 of 40
This paper concerns the problem of inferring the effects of covariates on intergenerational income mobility, i.e. on … of mobility- (i) traditional transition probability of movement across income quantiles over generations and (ii) a new …
Persistent link: https://www.econbiz.de/10003608250
Persistent link: https://www.econbiz.de/10009155976
"Solon's (1992) landmark study estimated the intergenerational elasticity (IGE) in income between fathers and sons to …
Persistent link: https://www.econbiz.de/10001920632
Chay, Guryan and Mazumder (2009) found substantial racial convergence in AFQT and NAEP scores across cohorts born in the 1960's and early 1970's that was concentrated among blacks in the South. We demonstrated a close tracking between variation in the test score convergence across states and...
Persistent link: https://www.econbiz.de/10010442547
facing uninsurable idiosyncratic labor income risk. The Ramsey government internalizes the general equilibrium feedback of … optimal aggregate saving rate is independent of income risk. The optimal time-invariant tax on capital is increasing in income … that the optimal steady state saving rate is increasing in income risk if and only if the intertemporal elasticity of …
Persistent link: https://www.econbiz.de/10012926756
facing uninsurable idiosyncratic labor income risk. The Ramsey government internalizes the general equilibrium feedback of … optimal aggregate saving rate is independent of income risk. The optimal time-invariant tax on capital is increasing in income … that the optimal steady state saving rate is increasing in income risk if and only if the intertemporal elasticity of …
Persistent link: https://www.econbiz.de/10012927058
Chay, Guryan and Mazumder (2009) found substantial racial convergence in AFQT and NAEP scores across cohorts born in the 1960s and early 1970s that was concentrated among blacks in the South. We demonstrated a close tracking between variation in the test score convergence across states and...
Persistent link: https://www.econbiz.de/10013039967
In this paper we argue that very high marginal labor income tax rates are an effective tool for social insurance even …
Persistent link: https://www.econbiz.de/10013045280
In this paper we argue that very high marginal labor income tax rates are an effective tool for social insurance even …
Persistent link: https://www.econbiz.de/10013045718
Chay, Guryan and Mazumder (2009) found substantial racial convergence in AFQT and NAEP scores across cohorts born in the 1960's and early 1970's that was concentrated among blacks in the South. We demonstrated a close tracking between variation in the test score convergence across states and...
Persistent link: https://www.econbiz.de/10013046176