Showing 1 - 10 of 42
In the mid-nineties, the sharp increase in globalisation and the last privatisation wave 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 extent such a model could...
Persistent link: https://www.econbiz.de/10012770253
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/10010877705
We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Individuals who differ in ability sort into either a research sector or a manufacturing sector that produces differentiated goods. Each research project generates a new variety of the differentiated...
Persistent link: https://www.econbiz.de/10010950772
In this paper we first document inequality trends in wages, hours worked, earnings, consumption, and wealth for Germany from the last twenty years. We generally find that inequality was relatively stable in West Germany until the German unification (which happened politically in 1990 and in our...
Persistent link: https://www.econbiz.de/10005025631
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form...
Persistent link: https://www.econbiz.de/10009395461
This paper presents new evidence on the rate of return on tangible assets in the United" States, incorporating the recently-revised national accounts as well as new estimates of the" replacement cost of the reproducible physical capital stock. The pretax return on capital in the" nonfinancial...
Persistent link: https://www.econbiz.de/10005718526
This paper examines the family income -- college enrollment relationship and the evidence on credit constraints in post-secondary schooling. We distinguish short-run liquidity constraints from the long-term factors that promote cognitive and noncognitive ability. Long-run factors crystallized in...
Persistent link: https://www.econbiz.de/10005718588
This paper examines the evolution of the corporate profit base and the relationship between book income and tax income for U.S. corporations over last two decades. The paper demonstrates that this relationship has broken down over the 1990s and has broken down in a manner that is consistent with...
Persistent link: https://www.econbiz.de/10005828837
This paper considers the sources of skill formation in a modern economy and emphasizes the importance of both cognitive and noncognitive skills in producing economic and social success and the importance of both formal academic institutions and families and firms as sources of learning. Skill...
Persistent link: https://www.econbiz.de/10005774537
determine which persons are affected by a given policy, where they come from in the ex-ante outcome distribution and what their …
Persistent link: https://www.econbiz.de/10005777991