Showing 1 - 10 of 117
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
show that when stereotypes result from social inequality, they can persist under group-blind admissions. In such cases …
Persistent link: https://www.econbiz.de/10010951076
inequality that has become a central topic in economic analysis and policy debate. It decomposes changes in the variance of ln … earnings within-establishments and finds that much of the 1970s-2010s increase in earnings inequality results from increased … direct attention to the fundamental role of establishment-level pay setting and economic adjustments in earnings inequality. …
Persistent link: https://www.econbiz.de/10010951228
-2006. While there has been no increase in aggregate happiness, inequality in happiness has fallen substantially since the 1970s … happiness by education have widened substantially. We develop an integrated approach to measuring inequality and decomposing … changes in the distribution of happiness, finding a pervasive decline in within-group inequality during the 1970s and 1980s …
Persistent link: https://www.econbiz.de/10005084669
This paper develops a theoretical model that relates changes in educational inequality to the combined effects of … existence of ability premiums, an innovation in the relative demand for more educated labor increases educational inequality in … the short run, but, ceteris paribus, would decrease educational inequality in the long run. Second, in the long run …
Persistent link: https://www.econbiz.de/10005084979
This paper provides a comprehensive survey of seven aspects of rising inequality that are usually discussed separately …: changes in labor's share of income; inequality at the bottom of the income distribution, including labor mobility; skill …-biased technical change; inequality among high incomes; consumption inequality; geographical inequality; and international differences …
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
inequality and mobility in the United States. Earnings inequality follows a U-shape pattern, decreasing sharply up to 1953 and … stable since 1950 (after a temporary surge during World War II). Therefore, the pattern of annual earnings inequality is very … close to the pattern of inequality of longer term earnings. Mobility at the top has also been very stable and has not …
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
We study a one-sector growth model which is standard except for the presence of an externality in the production function. The set of competitive equilibria is large. It includes constant equilibria, sunspot equilibria, cyclical and chaotic equilibria, and equilibria with deterministic or...
Persistent link: https://www.econbiz.de/10005714708