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Income and Wealth Concentration in Spain in a Historical and Fiscal Perspective
Alvaredo, Facundo; Saez, Emmanuel - C.E.P.R. Discussion Papers - 2006
This paper presents series on top shares of income and wealth in Spain over the 20th century using personal income and … wealth tax return statistics. Top income shares are highest in the 1930s, fall sharply during the first two decades of the … Franco dictatorship, and have increased slightly since the 1960s, and especially since the mid-1990s. The top 0.01% income …
Persistent link: https://www.econbiz.de/10005667012
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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
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More Equal but Less Mobile? Education Financing and Intergenerational Mobility in Italy and in the United States
Checchi, Daniele; Ichino, Andrea; Rustichini, Aldo - C.E.P.R. Discussion Papers - 1996
A state school system should be expected to reduce income inequality and to make intergenerational mobility easier. It …
Persistent link: https://www.econbiz.de/10005136455
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Regional Unemployment and Human Capital in Transition Economies
Jurajda, Stepan; Terrell, Katherine - C.E.P.R. Discussion Papers - 2007
guaranteed welfare income raising effective minimum wages. …
Persistent link: https://www.econbiz.de/10005136518
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Wages and Human Capital in the U.S. Financial Industry: 1909-2006
Philippon, Thomas; Reshef, Ariell - C.E.P.R. Discussion Papers - 2009
We use detailed information about wages, education and occupations to shed light on the evolution of the U.S. financial sector over the past century. We uncover a set of new, interrelated stylized facts: financial jobs were relatively skill intensive, complex, and highly paid until the 1930s and...
Persistent link: https://www.econbiz.de/10005000443
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Trends in Quality Adjusted Skill Premia in the US, 1960-2000
Carneiro, Pedro; Lee, Sokbae - C.E.P.R. Discussion Papers - 2010
This paper presents new evidence that increases in college enrollment lead to a decline in the average quality of college graduates between 1960 and 2000, resulting in a decrease of 6 percentage points in the college premium. We show that although a standard demand and supply framework can...
Persistent link: https://www.econbiz.de/10008784704
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A flying start? Long term consequences of maternal time investments in children during their first year of life
Carneiro, Pedro; Løken, Katrine; Salvanes, Kjell G - C.E.P.R. Discussion Papers - 2010
, maternal leave increased on average by 4 months and family income was unaffected. We find that this increase in maternal time …
Persistent link: https://www.econbiz.de/10008784758
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Don’t Spread Yourself Too Thin. The Impact of Task Juggling on Workers' Speed of Job Completion
Coviello, Decio; Ichino, Andrea; Persico, Nicola - C.E.P.R. Discussion Papers - 2010
We show that task juggling, i.e., the spreading of effort across too many active projects, decreases the performance of workers, raising the chances of low throughput, long duration of projects and exploding backlogs. Individual speed of job completion cannot be explained only in terms of...
Persistent link: https://www.econbiz.de/10008683531
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Short-Sale Constraints and the Pricing of Managerial Skills
Cheng, Si; Massa, Massimo; Zhang, Hong - C.E.P.R. Discussion Papers - 2015
We investigate the impact of the absence of short selling on the pricing of managerial skills in the mutual fund industry. In the presence of divergent opinions regarding managerial skills, fund managers can strategically use fees to attract only the most optimistic capital. The recognition of...
Persistent link: https://www.econbiz.de/10011186626
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A new measure of skills mismatch: theory and evidence from the Survey of Adult Skills (PIAAC)
Fichen, Anne; Pellizzari, Michele - C.E.P.R. Discussion Papers - 2014
This paper proposes a new measure of skills mismatch that combines information about skill proficiency, self-reported mismatch and skill use. The theoretical foundations underling this measure allow identifying minimum and maximum skill requirements for each occupation and to classify workers...
Persistent link: https://www.econbiz.de/10011096096