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inequality in education and income more persistent across generations. Whether the same is true of inequality in total wealth …, which provides an integrated framework for analysing the local determinants of inequality and growth. Five main conclusions … emerge. First, minor differences in education technologies, preferences, or wealth, can lead to a high degree of …
Persistent link: https://www.econbiz.de/10005661649
This paper studies the effects of progressive income taxes and education finance in a dynamic heterogeneous agent … theoretically and quantitatively, in a model that yields complete analytical solutions. Progressive education finance always leads …
Persistent link: https://www.econbiz.de/10005124288
systems of education finance and health insurance. With imperfect credit and insurance markets some redistributive policies … redistributions decreases with the degree of inequality, at least over some range. Moreover, capital market imperfections make future … high inequality and low redistribution, or vice versa. Temporary shocks to the distribution of income or the political …
Persistent link: https://www.econbiz.de/10005792191
, while inequality tends to rise monotonically. Bonus caps and income taxes can help restore balance in agents' incentives and …
Persistent link: https://www.econbiz.de/10011083769
This paper examines how economic stratification affects inequality and growth over time. It studies economies where … particular when comparing local and national funding of education, which correspond to special cases of segregation and …
Persistent link: https://www.econbiz.de/10005666953
The gender wage gap varies widely across countries and across skill groups within countries. Interestingly, there is a positive cross-country correlation between the unskilled-to-skilled gender wage gap and the corresponding gap in hours worked. Based on a canonical supply and demand framework,...
Persistent link: https://www.econbiz.de/10009283390
We provide an assessment of the French ZEP (Zones d’Education Prioritaire), a programme started in 1982 that channels …
Persistent link: https://www.econbiz.de/10005124181
or societal laws benefiting religious citizens. Rising income inequality can, however, lead some of the rich to form a …
Persistent link: https://www.econbiz.de/10011262883
’ rent-seeking abilities, as well as with the gap between rich and poor. It is not income inequality per se that matters …, however, but inequality in the relative distribution of earning and political power. For each of the three channels of …-country differences in inequality permanent, or gradually narrowing? Equivalently, is there convergence not just in the first moment of …
Persistent link: https://www.econbiz.de/10005123982
International surveys reveal wide differences between the views held in different countries concerning the causes of wealth or poverty and the extent to which people are responsible for their own fate. At the same time, social ethnographies and experiments by psychologists demonstrate...
Persistent link: https://www.econbiz.de/10005504312