Showing 1 - 2 of 2
income inequality. To these ends, we use rich data from the United States and Norway over the period 1980-2007. We find … educated, we find strong but declining assortative mating by academic major. These findings motivate and guide a decomposition … educational assortative mating accounts for a non-negligible part of the cross-sectional inequality in household income. However …
Persistent link: https://www.econbiz.de/10010884928
Shocks to the marginal efficiency of investment are the most important drivers of business cycle fluctuations in U.S. output and hours. Moreover, like a textbook demand shock, these disturbances drive prices higher in expansions. We reach these conclusions by estimating a dynamic stochastic...
Persistent link: https://www.econbiz.de/10005726641