Showing 1 - 10 of 205
This paper develops a theoretical model that relates changes in educational inequality to the combined effects of innovations that have increased the relative demand for more educated labor and innovations that have increased ability premiums. Under the assumption that in the long run individual...
Persistent link: https://www.econbiz.de/10012470518
Social contracts about inequality and redistribution are country-specific. We rely on a model of inequality and redistribution where multiple steady states can emerge in given country. We link the model to the recent literature on beliefs and argue that beliefs are a major determinant of which...
Persistent link: https://www.econbiz.de/10012460073
-- Education : the behavioral consequences of pre-kindergarten participation for disadvantaged youth / David Figlio and Jeffrey …
Persistent link: https://www.econbiz.de/10003800493
Socioeconomic inequalities in child development crystallize at early stages, with associated disparities in parental investment in children. A key to understanding the data patterns is to document the sources underlying the observed inequalities. We first show that there are dramatic differences...
Persistent link: https://www.econbiz.de/10012660072
We argue that the Covid epidemic disproportionately affected the economic well-being and health of poor people. To disentangle the forces that generated this outcome, we construct a model that is consistent with the heterogeneous impact of the Covid recession on low- and high-income people....
Persistent link: https://www.econbiz.de/10012599353
of unequal education. We document large achievement gaps between children from different socio-economic backgrounds, show … acquisition and investment in human capital. The models account for different channels underlying unequal education and highlight … summarize early evidence on the impact of the pandemic on children's education and on possible long-run repercussions for …
Persistent link: https://www.econbiz.de/10013191073
This article reviews the recent literature on the dynamics of global wealth inequality. I first reconcile available estimates of wealth inequality in the United States. Both surveys and tax data show that wealth inequality has increased dramatically since the 1980s, with a top 1% wealth share...
Persistent link: https://www.econbiz.de/10012479418
We study the aggregate and distributional impact of product market interventions and profit taxes using a model of firm dynamics, credit constraints and incomplete markets. A key ingredient of our model is that markups are endogenous so that the markup a producer charges depends on the amount of...
Persistent link: https://www.econbiz.de/10012479902
We construct a quantitative model of an economy hit by an epidemic. People differ by age and skill, and choose occupations and whether to commute to work or work from home, to maximize their income and minimize their fear of infection. Occupations differ by wage, infection risk, and the...
Persistent link: https://www.econbiz.de/10012481684
This paper measures the role of the diffusion of high-speed Internet on an individual's ability to self-isolate during a global pandemic. We use data that tracks 20 million mobile devices and their movements across physical locations, and whether the mobile devices leave their homes that day. We...
Persistent link: https://www.econbiz.de/10012481938