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Multi-Trait Matching and Intergenerational Mobility: A Cinderella Story

Chen, Natalie; Conconi, Paola; Perroni, Carlo - C.E.P.R. Discussion Papers - 2011

Empirical studies of intergenerational social mobility have found that women are more mobile than men. To explain this finding, we describe a model of multi-trait matching and inheritance, in which individuals’ attractiveness in the marriage market depends on their market and non-market...

Persistent link: https://www.econbiz.de/10009320404

Social Mobility and the Demand for Redistribution: the POUM Hypothesis

Bénabou, Roland; Ok, Efe A - C.E.P.R. Discussion Papers - 1998

Even relatively poor people oppose high rates of redistribution because of the anticipation that they, or their children, may move up the income ladder. This ‘Prospect of Upward Mobility’ (POUM) hypothesis is commonly advanced to explain why democracies do not engage in large-scale...

Persistent link: https://www.econbiz.de/10005662178

Belief in a Just World and Redistributive Politics

Bénabou, Roland; Tirole, Jean - C.E.P.R. Discussion Papers - 2005

wealth or poverty and the extent to which people are responsible for their own fate. At the same time, social ethnographies …

Persistent link: https://www.econbiz.de/10005504312

Social mobility and redistributive taxation

Konrad, Kai A.; Morath, Florian - C.E.P.R. Discussion Papers - 2010

We investigate redistributive taxation in a political economy experiment and determine how different patterns of social mobility affect the choices of redistributional taxes. In the absence of social mobility, voters choose tax rates that are very well in line with the prediction derived in the...

Persistent link: https://www.econbiz.de/10008607502

Preferences for Redistribution in the Land of Opportunities

Alesina, Alberto F; La Ferrara, Eliana - C.E.P.R. Discussion Papers - 2002

The poor favour redistribution and the rich oppose it, but that is not all. Social mobility may make some of today’s poor into tomorrow’s rich and since redistributive policies do not change often, individual preferences for redistribution should depend on the extent and the nature of social...

Persistent link: https://www.econbiz.de/10005114467

The Role of Social Networks and Peer Effects in Education Transmission

Bervoets, Sebastian; Calvó-Armengol, Antoni; Zenou, Yves - C.E.P.R. Discussion Papers - 2012

We propose a dynastic model in which individuals are born in an educated or uneducated environment that they inherit from their parents. We study the role of social networks on the correlation in the parent-child educational status independent of any parent-child interaction. We show that the...

Persistent link: https://www.econbiz.de/10011084558

Wealth and Portfolio Composition: Theory and Evidence

King, Mervyn; Leape, Jonathan - C.E.P.R. Discussion Papers - 1985

wealth elasticities of demand for a range of assets and liabilities. We test the frequently made assumption of constant …

Persistent link: https://www.econbiz.de/10005666903

Liquidity Constraints and Entrepreneurial Performance

Hvide, Hans K; Møen, Jarle - C.E.P.R. Discussion Papers - 2007

wealth should do better than those with less wealth. We investigate this hypothesis using a unique datset from Norway …. Consistent with liquidity constraints being present, we find a strong positive relationship between founder prior wealth and … start-up size. The relationship between prior wealth and start-up performance, as measured by profitability on assets …

Persistent link: https://www.econbiz.de/10005791690

Does Inequality Cause Inflation? The Political Economy of Inflation, Taxation and Government Debt

Beetsma, Roel; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 1992

A democratic society in which the distribution of wealth is unequal elects political parties which tend to represent …

Persistent link: https://www.econbiz.de/10005792370

Cross Sectional Facts for Macroeconomists

Krueger, Dirk; Perri, Fabrizio; Pistaferri, Luigi; … - C.E.P.R. Discussion Papers - 2009

cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After …

Persistent link: https://www.econbiz.de/10008509469