Showing 1 - 10 of 238
have been correlated with faster economy growth. Public policies that stabilize big business sectors are sometimes … that other explanations, such as special interest politics or behavioral biases favoring the status quo also be considered. …
Persistent link: https://www.econbiz.de/10005088871
In a model of evolution driven by conflict between societies more powerful states have an advantage. When the influence of outsiders is small we show that this results in a tendency to hegemony. In a simple example in which institutions differ in their "exclusiveness" we find that these...
Persistent link: https://www.econbiz.de/10010950707
We analyze how admission policies affect stereotypes against students from disadvantaged groups. Many critics of affirmative action argue that lower admission standards cause such stereotypes and suggest group-blind admissions as a remedy. We show that when stereotypes result from social...
Persistent link: https://www.econbiz.de/10010951076
This paper links data on establishments and individuals to analyze the role of establishments in the increase in inequality that has become a central topic in economic analysis and policy debate. It decomposes changes in the variance of ln earnings among individuals into the part due to changes...
Persistent link: https://www.econbiz.de/10010951228
eroded, and the gender happiness gap has disappeared entirely. Paralleling changes in the income distribution, differences in … changes in the distribution of happiness, finding a pervasive decline in within-group inequality during the 1970s and 1980s … in shaping the well-being distribution. …
Persistent link: https://www.econbiz.de/10005084669
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/10005084979
: changes in labor's share of income; inequality at the bottom of the income distribution, including labor mobility; skill … in the income distribution, particularly at the top. We conclude that changes in labor's share play no role in rising … too fragile to reach firm conclusions. We introduce two new issues, disparities in the growth of price indexes and also of …
Persistent link: https://www.econbiz.de/10005085152
Consumers often benefit from increased competition in differentiated product settings. In this paper we consider consumer benefits from increased competition in a differentiated product setting: the spread of non-traditional retail outlets. In this paper we estimate consumer benefits from...
Persistent link: https://www.econbiz.de/10005087467
This paper uses Social Security Administration longitudinal earnings micro data since 1937 to analyze the evolution of inequality and mobility in the United States. Earnings inequality follows a U-shape pattern, decreasing sharply up to 1953 and increasing steadily afterwards. We find that...
Persistent link: https://www.econbiz.de/10005087491
This paper develops a simple model of international trade with intermediation. We consider an economy with two islands and two types of agents, farmers and traders. Farmers can produce two goods, but in order to sell these goods in centralized (Walrasian) markets, they need to be matched with a...
Persistent link: https://www.econbiz.de/10008601686