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Population, Pensions, and Endogenous Economic Growth
Heer, Burkhard; Irmen, Andreas - CESifo - 2008
dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of … growth performance and for individual welfare. Third, we showthat the assessment of pension reform proposals may be different …
Persistent link: https://www.econbiz.de/10005406263
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Market Integration, Wage Concentration, and the Cost and Volume of Traded Machines
Edwards, T. Huw; Perroni, Carlo - CESifo - 2014
We investigate the theoretical relationship between wage concentration and international market integration. Access to imported varieties lowers the cost of intermediate inputs (“machines”) used to carry out production tasks, causing workers with different comparative abilities to be sorted...
Persistent link: https://www.econbiz.de/10010948859
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Evaluating Real World Income Distributions behind the Veil of Ignorance - How Risk Averse do you have to be to Prefer Europe over the US?
Weichenrieder, Alfons; Zafar, Tasneem - CESifo - 2011
The paper uses a veil of ignorance approach and income distribution data of developed countries to arrive at inequality …
Persistent link: https://www.econbiz.de/10009368502
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Lifetime versus Annual Tax Progressivity: Sweden, 1968-2009
Bengtsson, Niklas; Holmlund, Bertil; Waldenström, Daniel - CESifo - 2012
rates across the income distribution accounting for different tax bases as well as the role of transfers. The uniquely long …
Persistent link: https://www.econbiz.de/10010555212
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Does Size Matter? The Impact of Changes in Household Structure on Income Distribution in Germany
Peichl, Andreas; Pestel, Nico; Schneider, Hilmar - CESifo - 2010
affect per capita incomes, which has repercussions for the income distribution even if wages remain constant. The aim of this …
Persistent link: https://www.econbiz.de/10008727303
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Inequality and Happiness: When Perceived Social Mobility and Economic Reality do not Match
Bjørnskov, Christian; Dreher, Axel; Fischer, Justina A.V. - CESifo - 2010
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the perceived and the actual fairness of the income generation process affects this association. Building on a simple model of individual labor-market participation under...
Persistent link: https://www.econbiz.de/10008671705
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Public Funding of Higher Education
Viaene, Jean-Marie; Zilcha, Itzhak - CESifo - 2011
Recent criticism from different sides has expressed the view that, with scarce resources, there is little justification for massive public funding of higher education. Central to the debate is the conjecture that colleges and universities use their resources inefficiently and focus...
Persistent link: https://www.econbiz.de/10009320367
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The Great Risk Shift? Income Volatility in an International Perspective
Buch, Claudia M. - CESifo - 2008
builds distribution risk into a real business cycle model, hypotheses on the determinants of the relative volatility …
Persistent link: https://www.econbiz.de/10005766236
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"Unwarranted" Wage Changes and the Return on Capital
Katsimi, Margarita; Kalyvitis, Sarantis; Moutos, Thomas - CESifo - 2009
Casual empiricism suggests that “unwarranted” wage changes, defined as the part of wage growth that is not explained by …
Persistent link: https://www.econbiz.de/10008572545
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The Distributional Consequences of Supply-Side Reforms in General Equilibrium
Angelopoulos, Konstantinos; Fernandez, Bernardo X.; … - CESifo - 2011
Using a heterogeneous agent model allowing for different degrees of complementarity between capital, skilled and unskilled labour, this paper evaluates supply-side reforms consistent with lower public debt-to-GDP in the long-run. We find that, relative to the other tax reforms, capital tax cuts...
Persistent link: https://www.econbiz.de/10009144878