Showing 1 - 10 of 105
We estimate the ratio of private wealth to national income, βpt, for Switzerland from 1900 to 2020. Our results indicate that over the 20th century, βpt did not follow a U-shaped pattern as in most European countries. Instead, its was exceptionally stable at around 500%. We argue that this...
Persistent link: https://www.econbiz.de/10013427762
Immigration may impact income distribution both by affecting the skill composition of a country's residents, and, by … immigration on the native income distribution. We then survey the evidence on this question for several countries, and conclude by … examining the impact of emigration on income distribution in the source country. …
Persistent link: https://www.econbiz.de/10010328840
Wages grow but also become more unequal as workers age. Using German administrative data, we largely attribute both life-cycle facts to one driving force: some workers progress in hierarchy to jobs with more responsibility, complexity, and independence. In short, they climb the career ladder....
Persistent link: https://www.econbiz.de/10011931986
. The robot tax exploits general-equilibrium effects to compress the wage distribution. Wage compression reduces income …
Persistent link: https://www.econbiz.de/10011932067
demand for productive factors, the distribution of factor incomes, and Marshall's Four Rules. This short paper notes that a …
Persistent link: https://www.econbiz.de/10010263932
In the middle of the nineties, the sharp increase in globalisation and the last privatization wave have promoted the shaping of a market for executives in France. Characteristics of this market are estimated for France and a competitive model is simulated in order to assess to what extend such a...
Persistent link: https://www.econbiz.de/10010264440
We examine the determinants of differences across countries and over time in the distribution of personal incomes in … share, and the unemployment rate, hence labour market institutions are an essential determinant of the distribution of … distribution of personal incomes. …
Persistent link: https://www.econbiz.de/10010273732
endogenous variables of the model respond to two different interventions in the distribution of opportunities: a mean … the distribution of human capital, and higher wage inequality. In other words, the model does not predict a trade …
Persistent link: https://www.econbiz.de/10010275770
Labour incomes depend on structural as well as politico-economic factors, because labour market policies partially remedy the financial market imperfections that make labour income shocks difficult to insure, and have different implications for labour and capital income. This paper illustrates...
Persistent link: https://www.econbiz.de/10011451441
This paper analyzes the determinants of the labor-capital split in national income for 20 countries since the late 1800s. Our main identification strategy focuses on unique historical quasi-experimental events: i) the introduction of universal suffrage, ii) close election wins of left-wing...
Persistent link: https://www.econbiz.de/10012214192