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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
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
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
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
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
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
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
-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
inequality than a more "passive" public sector. …
Persistent link: https://www.econbiz.de/10011186621
Parents with higher education levels have children with higher education levels. Is this because parental education actually changes the outcomes of children, suggesting an important spillover of education policies, or is it merely that more able individuals who have higher education also have...
Persistent link: https://www.econbiz.de/10005661653