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Many social commentators have raised concerns over the possibility that increased sorting in a society can lead to greater inequality. To investigate this we construct a dynamic model of intergenerational education acquisition, fertility, and marital sorting and parameterize the steady state to...
Persistent link: https://www.econbiz.de/10012471268
Reinterpreting within-country inequality -- High and low inequality as historical equilibria -- High inequality, low inequality and creative destruction -- The distribution of income between nations as a high inequality equilibrium (HIE) -- Global stratification and the three paths of social...
Persistent link: https://www.econbiz.de/10009012567
New York City is the hot spot of the COVID-19 pandemic in the United States. This paper merges information on the number of tests and the number of infections at the New York City zip code level with demographic and socioeconomic information from the decennial census and the American Community...
Persistent link: https://www.econbiz.de/10012481909
All colonial powers granted concessions to private companies to extract natural resources during the colonial era. Within Africa, these concessions were characterized by indirect rule and violence. We use the arbitrarily defined borders of rubber concessions granted in the north of the Congo...
Persistent link: https://www.econbiz.de/10012482112
We document a statistical association between the severity of the persecution and mass murder of Jews (the Holocaust) by the Nazis during World War II and long-run economic and political outcomes within Russia. Cities that experienced the Holocaust most intensely have grown less, and cities as...
Persistent link: https://www.econbiz.de/10012462572
Recent contributions in the inequality literature have raised questions about previous research on skill-biased technical change and the managerial power of CEOs. Directly supporting our theme of prior exaggeration of the rise of inequality is new research showing that price indexes for the poor...
Persistent link: https://www.econbiz.de/10012463299
This paper deals with the labor market entrance of young people in the Federal Republic" of Germany. The main focus is on failures during this stage. First, an overview of the youth" labor market in Germany is given. Then, the transition from vocational training to work is" analyzed: The...
Persistent link: https://www.econbiz.de/10012472598