Showing 1 - 10 of 2,422
We examine whether individuals' experienced levels of income inequality affect their preferences for redistribution. We … their lives are less in favor of redistribution, after controlling for income, demographics, unemployment experiences and … inequality and reduce their demand for redistribution …
Persistent link: https://www.econbiz.de/10012964374
This paper develops a general-equilibrium model of skill-biased technological change that approximates the observed shifts in the shares of wage and non-wage income going to the top decile of U.S. households since 1980. Under realistic assumptions, we find that all agents can benefit from the...
Persistent link: https://www.econbiz.de/10013098333
“blunt instrument” for redistribution. To delve deeper in this issue we build models in which workers are heterogeneous in … unemployment benefits). In the second model, the government engages in redistribution through the public provision of private goods …-kind redistribution, and (iii) the MW institution is politically viable only when there is a limited degree of in-kind redistribution …
Persistent link: https://www.econbiz.de/10012951678
I propose a model of income redistribution in an open-economy environment. The world consists of a finite number of … income. While tax competition limits the extent to which redistribution is possible — as compared to the closed …
Persistent link: https://www.econbiz.de/10013021415
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/10013315527
voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged …
Persistent link: https://www.econbiz.de/10012965708
We analyze whether globalization affects the composition of public expenditures for education by integrating arguments from the Heckscher-Ohlin and the tax competition literature into a common theoretical framework. The model suggests that with increasing global integration, developing countries...
Persistent link: https://www.econbiz.de/10013148296
This paper analyzes how mobility of post-graduate skilled workers and students across different countries affects the quality level of higher education and the way education is financed. We start by examining a closed economy. In the presence of imperfect credit markets the education level with...
Persistent link: https://www.econbiz.de/10012770784
effects on wage inequality in Germany using a dynamic computable general equilibrium (CGE) model of the Auerbach …
Persistent link: https://www.econbiz.de/10013316312
This paper applies the theory of relational contracts to a model in which a couple decides whether to marry or cohabit … in a household can be supported by self interest. Since the costs of raising children are unequally distributed among …
Persistent link: https://www.econbiz.de/10013117792