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of worker. Our analysis reveals that the effects of a liberalization on human capital accumulation, income and inequality … 20 percent in the shortrun, and by more than 55 percent after 50 years. The world average index of inequality decreases … identifying assumptions. We also analyze partial liberalization shocks: efficiency and inequality effects are roughly proportional …
Persistent link: https://www.econbiz.de/10010235847
This article traces inequality and numeracy development in the regions of Chile during the 19th and early 20th century …. Inequality, measured with anthropometric methods, was associated with a lower speed of human capital formation. Not all talents …
Persistent link: https://www.econbiz.de/10012194599
We analyze inequality and mobility across generations in a dynastic economy. Nurture, in terms of bequests and the … nature affect mobility and the transmission of income inequality across generations, thus complementing the vast empirical …
Persistent link: https://www.econbiz.de/10012166025
effects on growth and on the evolution of income inequality; (ii) raising the consumption tax generates about as much economic … reduces inequality by more than utilizing the consumption tax. Hence, there is growth-inequality trade-off. …
Persistent link: https://www.econbiz.de/10011418615
Persistent link: https://www.econbiz.de/10012233160
Should climate policy rely on a price of Carbon that is uniform across sectors? This paper studies this question from a public finance perspective. It is found that a justification for a uniform price can be given, but it relies on strong assumptions, among them indifference with respect to the...
Persistent link: https://www.econbiz.de/10014578537
There is no consensus on how to measure social welfare and inequality when households have different needs. As we show …-order importance for social welfare, but generally plays a minor role in the measurement of inequality. To address this impasse, we …
Persistent link: https://www.econbiz.de/10015052572
While the effect of social security systems on retirement decisions has received much attention, the impact of these systems on individuals incentives to invest in their human capital has not been analyzed. We integrate human capital investment and retirement decisions in a simple analytical...
Persistent link: https://www.econbiz.de/10011398074
progress on growth and relate these results to the income distribution inequality. Third, we provide numerical simulations to …
Persistent link: https://www.econbiz.de/10011399283
This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986-2006 and relies on a unique data set we compiled that allows us to distinguish net migration of the native- and foreign-born populations by skill level. Specifically, after...
Persistent link: https://www.econbiz.de/10010533072