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The life-cycle and the business-cycle of wage risk — Cross-country comparisons

Bayer, Christian; Juessen, Falko - In: Economics Letters 117 (2012) 3, pp. 831-833

wages within an age group in all three countries. Second, the cross-sectional variance of wages is almost linearly …

Persistent link: https://www.econbiz.de/10011041853

Kemp-Benedict, Eric - In: Economics Letters 113 (2011) 3, pp. 266-268

We construct a theoretically-motivated model of income inequality. Through a pooled regression on an international … within-country income inequality. …

Persistent link: https://www.econbiz.de/10010572219

A note on the POUM effect with heterogeneous social mobility

Feri, Francesco - In: Economics Letters 115 (2012) 2, pp. 258-262

We study the determinants of the (steady-state) POUM effect in a model where the individuals evaluate their expected future income using both their current income and observable characteristics such as education, race or gender.

Persistent link: https://www.econbiz.de/10010572255

Market access and wages: A spatially heterogeneous approach

Paredes, Dusan; Iturra, Victor - In: Economics Letters 116 (2012) 3, pp. 349-353

We empirically test the positive relationship between market access and wages stated by New Economic Geography …

Persistent link: https://www.econbiz.de/10010594192

The stability of big-five personality traits

Cobb-Clark, Deborah A.; Schurer, Stefanie - In: Economics Letters 115 (2012) 1, pp. 11-15

We demonstrate that Big-Five personality traits are stable for working-age adults over a four-year period. Mean population changes are small and constant across age groups. Intra-individual changes are generally unrelated to adverse life events and are not economically meaningful.

Persistent link: https://www.econbiz.de/10010572192

Intergenerational mobility and preferences for redistribution

Alesina, Alberto; Stantcheva, Stefanie; Teso, Edoardo - In: The American economic review 108 (2018) 2, pp. 521-554

Persistent link: https://www.econbiz.de/10011821416

Using an asset index to simulate household income

Harttgen, Kenneth; Vollmer, Sebastian - In: Economics Letters 121 (2013) 2, pp. 257-262

limitation puts severe constraints on standard poverty and inequality analyses. We provide a simple approach to simulate …

Persistent link: https://www.econbiz.de/10010709108

Inequality in democracies: Testing the classic democratic theory of redistribution

Pecoraro, Brandon - In: Economics Letters 123 (2014) 3, pp. 398-401

The classic democratic theory of redistribution claims that an increase in the mean-to-median (MM) income ratio causes … a majority coalition in the electorate to collectively demand more redistribution. The functional dependence of … redistribution on the MM income ratio is tested in parametric and nonparametric regression frameworks using an OECD panel dataset …

Persistent link: https://www.econbiz.de/10010776625

Decentralized fiscal federalism revisited: Optimal income taxation and public goods under horizontal leadership

Aronsson, Thomas; Persson, Lars - In: Economics Letters 117 (2012) 1, pp. 223-226

This paper concerns optimal taxation and public goods in an economic federation with decentralized leadership, where one lower level government is the first mover also in the horizontal dimension. Under plausible assumptions, horizontal leadership reinforces the incentives created by...

Persistent link: https://www.econbiz.de/10010580445

Power laws, CEO compensation and inequality

Blackwell, Calvin; Graefe-Anderson, Rachel; Hefner, Frank; … - In: Economics Letters 126 (2015) C, pp. 78-80

We observe that CEO compensation and top incomes in the US have both been increasing rapidly over the last thirty years. We hypothesize that the trends in CEO compensation have been caused by the same economy-wide factors that have contributed to increases in income. We test this hypothesis by...

Persistent link: https://www.econbiz.de/10011189505

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