We examine causes and consequences of relative income within households. We show the distribution of the share of income earned by the wife exhibits a sharp drop to the right of 1/2, where the wife's income exceeds the husbands income. We argue that this pattern is best explained by gender...

Democratic systems are built, with good reason, on majoritarian principles, but their legitimacy requires the protection of strongly held minority preferences. The challenge is to do so while treating every voter equally and preserving aggregate welfare. One possible solution is storable votes:...

This Paper studies the optimal education policy in the presence of different groups of households, with groups differing in the distribution of the ability to benefit from education. The main result is that the high ability individuals from groups with relatively few high ability individuals...

The economic literature has largely overlooked the importance of repeat migration. This Paper studies repeat or circular migration as it is manifested by the frequency of exits of migrants living in Germany, and by the number of years away from the host country using count data models. More than...

The economic literature has largely overlooked the importance of repeat and circular migration. The paper studies this behaviour by analyzing the number of exits and the total number of years away from the host country using count data models and panel data from Germany. More than 60% of...

We define an economy composed of two language groups. Value is created through bilateral trade between individuals who can speak the same language. The value of trade increases in each participant's level of education. We compare a bilingual education system, under which the individuals who take...

Globalization has been identified by many experts as a new way firms organize their activities. This Paper surveys recent work that examines the role of trade integration between similar and dissimilar countries for these changes in corporate organization. It is shown that international...