Showing 1 - 10 of 197
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
. This holds true for brothers and sisters. In Denmark 20 percent of the inequality in permanent earnings can be attributed …
Persistent link: https://www.econbiz.de/10008868114
Using a nationally representative panel dataset, this study investigates the extent and impact of systematic misconceptions of the currently unemployed concerning their statistical re-employment probability, affecting their labor market behavior in a sub-optimal way. Specifically, people with...
Persistent link: https://www.econbiz.de/10011267907
This paper provides an empirical analysis of reference-dependent effects of unemployment on mental well-being. We show that the negative effect of unemployment on mental well-being depends on expectations about the future employment status. Several contributions to the literature have shown that...
Persistent link: https://www.econbiz.de/10010752457
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
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
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
In this paper we present sibling and neighbor correlations in school grades and cognitive skills as well as indicators of physical and mental health for a sample of German adolescents. In a first step, we estimate sibling correlations and find substantial influence of shared family and community...
Persistent link: https://www.econbiz.de/10011267909
that family background explains, on average, between 30% and 60% of the inequality in permanent wellbeing. The influence is …
Persistent link: https://www.econbiz.de/10011267919
Motivated by contradictory evidence on intergenerational mobility in Germany, I present a cross-country comparison of Germany and the US, reassessing the question of whether intergenerational mobility is higher in Germany than the US. I can reproduce the standard result from the literature,...
Persistent link: https://www.econbiz.de/10011249383