Showing 1 - 10 of 17
If redistribution is distortionary, and if the income of skilled workers is due to knowledge-intensive activities and depends positively on intellectual property, a social planner which cares about income distribution may in principle want to use a reduction in Intellectual Property Rights...
Persistent link: https://www.econbiz.de/10005791837
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
unemployment rates. It may be the case that this locus is steep enough to generate increasing returns to education. This may lead … to multiple equilibria: a high-education equilibrium may coexist with a low-education equilibrium. In the former, the … Pareto-ranked, but the latter is preferred to the former by workers, while `savers' prefer the high-education equilibrium. …
Persistent link: https://www.econbiz.de/10005124159
This paper studies the impact of income inequality on fiscal conservatism when an increase in inequality affects the …, inequality will then be associated with less, rather than more, redistributive taxation. Furthermore, if the poor are liquidity … constrained then the positive association between inequality and fiscal conservatism will increase the persistence in the dynamics …
Persistent link: https://www.econbiz.de/10005136638
and income inequality on the incentives of the incumbent party to pursue entrenchment policies. The importance of our …
Persistent link: https://www.econbiz.de/10011083893
steady states arise because rents to human capital are self perpetuating. Inequality in abilities may be good for growth … because it allows inframarginal workers to earn rents on their human capital, which then increase savings. Public education is …
Persistent link: https://www.econbiz.de/10005662008
This paper discusses the specificities of the labor market for older workers. It discusses the implications of those specificities for the effect of labor market institutions on the employability of those workers. It shows that while unemployment benefits indexed backwards and hiring costs are...
Persistent link: https://www.econbiz.de/10008506842
Gender wage and employment gaps are negatively correlated across countries. We argue that non-random selection of women into work explains an important part of such correlation and thus of the observed variation in wage gaps. The idea is that, if women who are employed tend to have relatively...
Persistent link: https://www.econbiz.de/10005123624
partly a result of a rise in occupational segregation and partly the general rise in wage inequality. Policies to reduce the …
Persistent link: https://www.econbiz.de/10005124177
creativity is more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from …
Persistent link: https://www.econbiz.de/10005124380