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cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After … inequality, over the last three decades. While the trend in the skill premium differed widely across countries, the experience … premium rose and the gender premium fell virtually everywhere. At a higher frequency, earnings inequality appears to be …
Persistent link: https://www.econbiz.de/10008509469
In this paper we investigate the positive and normative consequences of child-labour restrictions for economic aggregates and welfare. We argue that even though the laissez-faire equilibrium may be inefficient, there are usually better policies to cure these inefficiencies than the imposition of...
Persistent link: https://www.econbiz.de/10005656117