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endowments of the factors that complement the schooling process. The paper explores the relationship between inequality of … opportunities, inequality of outcomes, and efficiency in human capital formation. Using numerical solutions we study how the …-preserving spread and a change in the support. The results suggest that a higher degree of inequality of opportunities is associated …
Persistent link: https://www.econbiz.de/10010275770
endowments of the factors that complement the schooling process. The paper explores the relationship between inequality of … opportunities, inequality of outcomes, and aggregate efficiency in human capital formation. Using numerical solutions we study how … meanpreserving spread and a change in the support. The results suggest that a higher degree of inequality of opportunities is …
Persistent link: https://www.econbiz.de/10005597704
endowments of the factors that complement the schooling process. The paper explores the relationship between inequality of … opportunities, inequality of outcomes, and aggregate efficiency in human capital formation. Using numerical solutions we study how … meanpreserving spread and a change in the support. The results suggest that a higher degree of inequality of opportunities is …
Persistent link: https://www.econbiz.de/10005650580
What sparked humanity's leap from stagnation to prosperity? What lies at the core of inequality among nations? Unified … of change that have governed the journey of humanity, driven the growth process, and shaped inequality across the globe … stagnation; and (ii) The Mystery of Inequality-the roots of the vast inequality in the wealth of nations. The theory suggests …
Persistent link: https://www.econbiz.de/10015437670
Sectoral expansions and contractions cause labor reallocation out of declining industries and into booming industries. Which types of workers gain and lose from these transitions? Using linked employer-employee panel data from Brazil spanning boom-bust cycles in its oil sector, we compare oil...
Persistent link: https://www.econbiz.de/10015404317
Brain drain BD, human capital h, and inequality's institutional impact is examined in a model where a rent …-shaped function of h, with minimum at 0 < h1 < 1; iii) the likelihood that Q improves with BD falls with international inequality; iv …) the likelihood that Q improves with h falls with domestic inequality; v) the likelihood Q improves with h falls (rises …
Persistent link: https://www.econbiz.de/10012550218
In this paper, we present updated measures of racial disparities in wealth using the most recent data from the Survey of Consumer Finances (SCF), augmented by household-level estimates of defined benefit (DB) pension wealth developed by Sabelhaus and Volz (2020). Including this important asset,...
Persistent link: https://www.econbiz.de/10012818818
We evaluate a temporary public sector employment program targeted at individuals with weak labor market attachment, applying dynamic inverse probability weighting to account for dynamic selection. We show that the program is successful in increasing employment and reducing social assistance....
Persistent link: https://www.econbiz.de/10012879620
tend to receive care of higher measured quality and higher cost. Inequality is evident at home as well: measures of …-income households, reduces inequality in care provided, but it is mainly limited to older children and to the lowest income households …
Persistent link: https://www.econbiz.de/10012624916
The shock on human capital caused by COVID-19 is likely to have long lasting consequences, especially for children of low-educated families. Applying a counterfactual exercise we project the effects of school closures and other lockdown policies on the intergenerational persistence of education...
Persistent link: https://www.econbiz.de/10012534595