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In this paper we look at lifetime inequality to address two main questions: How well does a modern tax system, based on annual information, target lifetime inequality? What aspects of the tranfser system are most progressive from a lifetime perspective? To answer to these questions it is crucial...
Persistent link: https://www.econbiz.de/10010237142
Rising costs of and returns to college have led to sizeable increases in the demand for student loans in many countries. In the USA, student loan default rates have also risen for recent cohorts as labor market uncertainty and debt levels have increased. We discuss these trends as well as recent...
Persistent link: https://www.econbiz.de/10014025213
This chapter presents an economic approach to character and personality traits with an application to the study of virtue. Economists interpret psychological traits, including character traits and virtue, as strategies that shape responses to situations (actions) determined by underlying...
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We document political sentiment effects on US inventors. Democratic inventors are more likely to patent (relative to Republicans) after the 2008 election of Obama but less likely after the 2016 election of Trump. These effects are 2-3 times as strong among politically active partisans and are...
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This chapter focuses on the geographic dimensions of knowledge spillovers. The starting point comes from the economics … of innovation and technological change. This tradition focused on the innovation production function however it was … aspatial or insensitive to issues involving location and geography. However, empirical results hinted that knowledge production …
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