Showing 1 - 10 of 92
This paper develops a dynamic general equilibrium model to highlight the role of human capital accumulation of agents differentiated by skill type in the joint determination of social mobility and the skill premium. We first show that our model captures the empirical co-movement of the skill...
Persistent link: https://www.econbiz.de/10010693467
The traditional criticism notwithstanding, we show that social mobility can, in principle, explain political income redistributions. Nonetheless, the social-mobility argument for redistribution is not satisfactory, as actual transition probabilities are not consistent with order-preserving...
Persistent link: https://www.econbiz.de/10005181436
, growth and social mobility than under political regimes supported by the rich; pre-tax inequality is greater in the former …
Persistent link: https://www.econbiz.de/10005181624
The aim of this paper is to examine the evolution of recruitment of elites and to investigate the nature of the links between recruitment of elites and economic growth. The main change that occurred in the way the Western world trained its elites is that meritocracy became the basis for their...
Persistent link: https://www.econbiz.de/10005406159
This paper analyses political forces that cause an initial expansion of public spending on higher education and an ensuing decline in subsidies. Growing public expenditures increase the future size of the higher income class and thus boost future demand for education. This demand shift implies...
Persistent link: https://www.econbiz.de/10005406330
It is recognised that expressive preferences may play a major role in determining voting decisions because the low probability of being decisive in elections undermines standard instrumental reasoning. Expressive and instrumental preferences may deviate and in electoral settings it is more...
Persistent link: https://www.econbiz.de/10011122682
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10008671705
Economic development is often held to be beneficial for gender equality. However, there is good reason to believe that … empirical assessment of the relative importance of development and historical determinants of gender equality at the cross …-national level. To capture this long-term relationship, a new index of gender equality that stretches back to 1960 is introduced …
Persistent link: https://www.econbiz.de/10010877691
they behave the same as the males. Thus part of the observed gender difference in behavior under uncertainty found in … previous studies might reflect social learning rather than inherent gender traits. …
Persistent link: https://www.econbiz.de/10010877772
In many countries there is a considerable gender gap in enrolment for a bachelor’s degree in Economics, arguably an …
Persistent link: https://www.econbiz.de/10010948840