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Hassler, John; Mora, Rodríguez; Vicente, José; Zeira, … - C.E.P.R. Discussion Papers - 2000

inequality. We show that the correlation between mobility and inequality depends on which factor caused the change in inequality …. The model can thus help discriminate between different competing explanations of the recent rise in US wage inequality … correlation between wage inequality and mobility. Public subsidies to education reduce inequality, but the effect on mobility is …

Persistent link: https://www.econbiz.de/10005136647

Forced to be Rich? Returns to Compulsory Schooling in Britain

Devereux, Paul J.; Hart, Robert A - C.E.P.R. Discussion Papers - 2008

Do students benefit from compulsory schooling? Researchers using changes in compulsory schooling laws as instruments have typically estimated very high returns to additional schooling that are greater than the corresponding OLS estimates and concluded that the group of individuals who are...

Persistent link: https://www.econbiz.de/10005791839

Real Wage Inequality

Moretti, Enrico - C.E.P.R. Discussion Papers - 2008

use real wages. To understand the implications of this finding for changes in well-being inequality I use a simple general … increase in well-being inequality even if the increase in real wage inequality is limited. Alternatively, it is possible that … that the increase in well-being inequality between 1980 and 2000 is smaller than the increase in nominal wage inequality. …

Persistent link: https://www.econbiz.de/10005136498

Accounting for the Rise of Health Spending and Longevity

Fonseca, Raquel; Michaud, Pierre-Carl; Kapteyn, Arie; … - Centre Interuniversitaire sur le Risque, les Politiques … - 2013

We estimate a stochastic life-cycle model of endogenous health spending, asset accumulation and retirement to investigate the causes behind the increase in health spending and longevity in the U.S. over the period 1965-2005. We estimate that technological change and the increase in the...

Persistent link: https://www.econbiz.de/10010693196

The Economy-wide Impacts of the South African Child Support Grant: a Micro-Simulation-Computable General Equilibrium Analysis

Tiberti, Luca; Maisonnave, Hélène; Chitiga, Margaret; … - Centre Interuniversitaire sur le Risque, les Politiques … - 2013

We examine the economy-wide impact of the child support grant (CSG) on the South African economy using a bottom-up/top-down approach. This allows us to estimate the potential effects on households’ welfare and on the economy following a change in the CSG. Three simulations are presented, in...

Persistent link: https://www.econbiz.de/10010631616

Rotten Kids with Bad Intentions

Netzer, Nick; Schmutzler, Armin - C.E.P.R. Discussion Papers - 2010

We examine a "Rotten Kid" model (Becker 1974) where a player with social preferences interacts with an egoistic player. We assume that social preferences are intention-based rather than outcome-based. In a very general multi-stage setting we show that any equilibrium must involve mutually unkind...

Persistent link: https://www.econbiz.de/10008468559

Maternal Education, Home Environments and the Development of Children and Adolescents

Carneiro, Pedro; Meghir, Costas; Parey, Matthias - C.E.P.R. Discussion Papers - 2007

We study the intergenerational effects of maternal education on children's cognitive achievement, behavioural problems, grade repetition and obesity. We address endogeneity of maternal schooling by instrumenting with variation in schooling costs when the mother grew up. Using matched data from...

Persistent link: https://www.econbiz.de/10005498098

A Cautionary Note on Using Industry Affiliation to Predict Income

Pischke, Jörn-Steffen; Schwandt, Hannes - C.E.P.R. Discussion Papers - 2012

Many literatures investigate the causal impact of income on economic outcomes, for example in the context of intergenerational transmission or well-being and health. Some studies have proposed to use employer wage differentials and in particular industry affiliation as an instrument for income....

Persistent link: https://www.econbiz.de/10011083623

In the Name of the Son (and the Daughter): Intergenerational Mobility in the United States, 1850-1930

Olivetti, Claudia; Paserman, M. Daniele - C.E.P.R. Discussion Papers - 2013

This paper provides a new perspective on intergenerational mobility in the United States in the late 19th and early 20th centuries. We devise an empirical strategy that allows to calculate intergenerational elasticities between fathers and children of both sexes. The key insight of our approach...

Persistent link: https://www.econbiz.de/10011083699

Correlating Social Mobility and Economic Outcomes

Güell, Maia; Pellizzari, Michele; Pica, Giovanni; … - C.E.P.R. Discussion Papers - 2015

-sectional income inequality is larger. We finally explore the correlation between IM and several socio-political outcomes, such as …

Persistent link: https://www.econbiz.de/10011207404