Showing 1 - 7 of 7
importance of initial parental conditions (i.e. the driving force behind the persistence of inequality) enhances mobility and … inequality becomes more persistent. The reduction in the concentration of human capital in technologically-advanced sectors …
Persistent link: https://www.econbiz.de/10005124238
This study explains the evolution of wage inequality over the last 30 years and supports this explanation with evidence … the role of ability, technological progress increases wage inequality within each group of education as well as between … education groups. Inasmuch as education is an irreversible investment, the rise in within group inequality boosts up the rise of …
Persistent link: https://www.econbiz.de/10005661881
This paper analyses the interaction between the distribution of human capital, technological progress, and economic growth. It demonstrates the significant role of the distribution of human capital in the process of economic development. The evolutionary pattern of the human capital...
Persistent link: https://www.econbiz.de/10005666952
Economists have long viewed recessions as contributing to increasing inequality. This conclusion is largely based on … data from a period in which inequality was increasing over time, however. This Paper examines the connection between long …-run trends and cyclical variation in earnings inequality. We develop a model in which cyclical and trend inequality are related …
Persistent link: https://www.econbiz.de/10005666956
The opportunity costs of rearing British children, in terms of cash earnings forgone by their mother, are estimated for a typical family. Data from the 1980 Women and Employment Survey provide estimates for hourly pay as a function of work experience and current hours of work. In addition, these...
Persistent link: https://www.econbiz.de/10005792397
The MRC National Survey of Health and Development provides data on the hourly pay of males and females at age 26 in 1972 and in 1977. These have been subjected to regression analysis to see how far the gap between men's and women's pay is statistically explicable by (a) a "human capital" model...
Persistent link: https://www.econbiz.de/10005504211
Models to explain the chances of economic activity, employment and full-time work in a national cross-section of British women in 1980 in terms of a number of demographic and economic variables are estimated by OLS. Marital status differentials are minor once the presence of dependent children...
Persistent link: https://www.econbiz.de/10005661763