Showing 1 - 7 of 7
unimodal one, the evolution of the health distribution has preceded that of income, global inequality and poverty has decreased …, global inequality and poverty would be substantially underestimated if the dependence between the income and health … indicates that global inequality would be underestimated if within-country inequality is not taken into account. Moreover …
Persistent link: https://www.econbiz.de/10010264413
This paper examines the interaction between migration policies of the host and source countries in the context of a model of guest-worker migration. For the host, the objective is to provide low-cost labor for its employers while avoiding illegal immigration. It optimizes over these objectives...
Persistent link: https://www.econbiz.de/10010273812
We introduce permanently-shifting income shares into a standard growth model with two types of agents. Capital owners represent the top quintile of U.S. households while workers represent the remainder. Our tractable model allows us to exactly replicate the observed U.S. time paths of the top...
Persistent link: https://www.econbiz.de/10011388197
We investigate the welfare implications of two pre-crisis immigration waves (1991–2000 and 2001–2010) and of the post-crisis wave (2011–2015) for OECD native citizens. To do so, we develop a general equilibrium model that accounts for the main channels of transmission of immigration shocks...
Persistent link: https://www.econbiz.de/10011872049
utilitarian social welfare function yields a simple welfare measure which comprises both GDP and income inequality as measured by …
Persistent link: https://www.econbiz.de/10011872086
We consider the notion of welfare stigma à la Besley and Coate (1992b). This stigma is attributed to welfare claimants by society when they are perceived as undeserving in the sense that they falsely claim to be eligible for welfare benefits. However, due to imperfect information, this stigma...
Persistent link: https://www.econbiz.de/10010264364
can thus increase inequality in the long-run. Depending on the elasticity of substitution between capital and unskilled … show that including the transition period in the welfare evaluation lowers the inequality effects of capital tax reduc …
Persistent link: https://www.econbiz.de/10010277356