Showing 1 - 10 of 66
Our objective is to obtain an accurate estimate of the degree of intergenerational income mobility in Canada. We use income tax information on about 400,000 father-son pairs, and find intergenerational earnings elasticities to be about 0.2. Earnings mobility tends to be slightly greater than...
Persistent link: https://www.econbiz.de/10005408317
evolution of wealth inequality in Canada between 1984 and 1999. Our main findings are as follows: 1) Wealth inequality has … increased between 1984 and 1999; 2) the growth in wealth inequality has been associated with substantial declines in real … average and median wealth for recent immigrants and young couples with children; 3) real median wealth and real average wealth …
Persistent link: https://www.econbiz.de/10005077085
Using the NLSY data set, this paper formulates and then empirically estimates the production processes for social, motivational and cognitive skills during early childhood development and the long-term effects of these skills on learning and life-time earnings of an individual. Using these...
Persistent link: https://www.econbiz.de/10005076552
This paper provides a signalling model of endogenous growth in which innate talents and education levels of workers drive the basic scientific knowledge and adoptive knowledge accumulation processes. Whether talented individuals get properly educated and are employed in the appropriate technical...
Persistent link: https://www.econbiz.de/10005062751
This paper examines the impact of job search methods on the output of the job search process in a segmented labor market. Theoretical models of job search, like the widely used search approach, generally contain only one parameter capturing all possible factors affecting the efficiency of...
Persistent link: https://www.econbiz.de/10005408299
This paper describes the geographical location and internal mobility of the Mâori ethnic group in New Zealand between 1991 and 2001. It is often suggested that Mâori are less mobile than other ethnic groups because of attachment to particular geographical locations. We compare the mobility of...
Persistent link: https://www.econbiz.de/10005556799
The objective of this work is to analyse the income inequality in the 15 EU countries during the convergence process to the Monetary Union. Using the information contained in the European Community Household Panel, corresponding to the four first waves. Using the inverse second order stochastic...
Persistent link: https://www.econbiz.de/10005076592
-household wealth and public consumption-in the context of the United States. Our findings suggest that the level and distribution of … economic well-being is substantially altered when money income is adjusted for wealth or public consumption. …
Persistent link: https://www.econbiz.de/10005076601
This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed (if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty alleviation should matter. This note shows that we all do care...
Persistent link: https://www.econbiz.de/10005076936
The median voter hypothesis has been central to an extensive literature on consequences of income distribution. For example, it has been proposed that greater inequality is associated with lower growth, because of the greater redistribution that is sought by the median voter when income...
Persistent link: https://www.econbiz.de/10005076939