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The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...
Persistent link: https://www.econbiz.de/10012599109
. In US election survey data, we find that income is more important in affecting voting behavior for more informed voters … strong correlation between income and political information, Congress representatives vote more conservatively, which is also … in line with our theory. -- redistribution ; welfare spending ; information ; income ; voting ; political economics …
Persistent link: https://www.econbiz.de/10009314546
, over half of all low-income borrowers manage to make timely payments. We demonstrate that other financial resources in the … advocated for a move to an income-based repayment system. Under such a system, many low-income borrowers in good-standing (due … payment among those that are currently delinquent or in default since their income levels are so low. Specifically, we show …
Persistent link: https://www.econbiz.de/10010223069
transmission include income effects, and a series of policy recommendations are formulated. …
Persistent link: https://www.econbiz.de/10015052554
-being on health use identification strategies involving income increases; these studies as well as prior research on stock …
Persistent link: https://www.econbiz.de/10009748354