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Savings, Intergenerational Transfers, and the Distribution of Wealth
Ocampo, Ignacio Ponce; Yuki, Kazuhiro - EconWPA - 2005
This paper investigates the quantitative importance of different savings motives on the distributions of wealth and …
Persistent link: https://www.econbiz.de/10005561081
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Debt-Constraints or Incomplete Markets? A Decomposition of the Wealth and Consumption Inequality in the U.S.
Cordoba, Juan-Carlos - EconWPA - 2004
The large wealth and consumption inequality in the U.S. is usually attributed to two market frictions: debt constraints … large wealth dispersion and wealth concentration in the top tail of the distribution in the U.S. …
Persistent link: https://www.econbiz.de/10005412632
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The Evolution of Wealth Inequality in Canada, 1984-1999
Morissette, Rene; Zhang, Xuelin; Drolet, Marie - EconWPA - 2004
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
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Sex, Equality, and Growth (in that order)
Lagerlof, Nils-Petter - EconWPA - 2002
We set up a unified growth model capturing the transition of a primitive and egalitarian hunter-gatherer society, into an advanced and despotic early civilization, and finally into a more egalitarian industrial society. Agents are either landowners or landless; both earn income from human...
Persistent link: https://www.econbiz.de/10005556717
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The History of Tipping - From Sixteenth-Century England to United States in the 1910s
Azar, Ofer H. - EconWPA - 2003
Tipping is a multi-billion-dollar phenomenon that challenges the traditional assumption of selfish economic agents who have no feelings and do not care about social norms. This article reviews the early history of tipping and offers an economic analysis of different aspects of tipping. Using the...
Persistent link: https://www.econbiz.de/10005556865
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Trading Population for Productivity
Galor, Oded; Mountford, Andrew - EconWPA - 2004
This research argues that the rapid expansion of international trade in the second phase of the industrial revolution has played a significant role in the timing of demographic transitions across countries and has thereby been a major determinant of the distribution of world population and a...
Persistent link: https://www.econbiz.de/10005125617
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AN ESTIMATE OF AVERAGE INCOME AND INEQUALITY IN BYZANTIUM AROUND YEAR 1000
Milanovic, Branko - EconWPA - 2005
Using recent economic statistics from the peak period of Byzantine political and economic influence, we estimate the average income around the year 1000 to have been about 6 nomismata per capita per annum. This is then translated into current prices using two independent methods. They both yield...
Persistent link: https://www.econbiz.de/10005125850
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The Long Walk to School: International education goals in historical perspective
Clemens, Michael A. - EconWPA - 2004
Raising school enrollment, like economic development in general, takes a long time. This is partly because, as a mountain of empirical evidence now shows, economic conditions and slowly-changing parental education levels determine children's school enrollment to a greater degree than education...
Persistent link: https://www.econbiz.de/10005407681
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INCOME CONVERGENCE DURING THE DISINTEGRATION OF THE WORLD ECONOMY 1919-39
Milanovic, Branko - EconWPA - 2003
Some economists have argued that the process of disintegration of the world economy between the two World Wars led to income divergence between the countries. This is in keeping with the view that economic integration leads to income convergence. The paper shows that the view that the period...
Persistent link: https://www.econbiz.de/10005076560
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Sex, Equality, and Growth (in that order)
Lagerlof, Nils-Petter - EconWPA - 2002
We set up a unified growth model capturing the transition of a primitive and egalitarian hunter-gatherer society, into an advanced and despotic early civilization, and finally into a more egalitarian industrial society. Agents are either landowners or landless; both earn income from human...
Persistent link: https://www.econbiz.de/10005076730