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We analyze the effect of exposure to international trade on earnings and employment of U.S. workers from 1992 through 2007 by exploiting industry shocks to import competition stemming from China’s spectacular rise as a manufacturing exporter paired with longitudinal data on individual earnings...
Persistent link: https://www.econbiz.de/10010412742
Although lower income is associated with overweight (and obesity), such an association is explained by a number of … other confounding effects such as omitted variables (e.g., time preferences) explaining that income effect on overweight. We … study the effect of unearned income shocks resulting from a lottery win (windfall income) on both overweight (alongside …
Persistent link: https://www.econbiz.de/10012383690
attitudes. Along with the subjects’ receptiveness to right-wing populism, we elicit their perceived relative income positions in … a representative survey of German households. We find that people with pessimistic beliefs about their income position … differences in the mechanism: Misperception triggers income dissatisfaction for both men and women, but the former are much more …
Persistent link: https://www.econbiz.de/10013440316
and age distribution across countries in a fundamental way. In this paper we focus on the income consequences of these … changes for the global income distribution. Key in this respect are changes in the so-called demographic dividend associated … demographic dividend to income projections. Our findings are as follows. First, show that historically the impact of demography on …
Persistent link: https://www.econbiz.de/10014529194
Persistent link: https://www.econbiz.de/10003712510
such as government spending, taxes, and primary surplus. Effects in the opposite direction are much smaller. Results are …
Persistent link: https://www.econbiz.de/10003779453
analyses with regard to debt financing, external equity financing and debt constraints via agency cost. -- Capital income …
Persistent link: https://www.econbiz.de/10003771793
education expenditures, financed by distorting taxes, enhance the productivity of private education choices. We allow public …
Persistent link: https://www.econbiz.de/10003806000
In this model of education, where individuals are exposed both to educational risk and to wage risk within the skilled sector, successful graduation depends both on individual effort to study and on public resources. We show that insuring the present risks is a dichotomic task: Wage risk is...
Persistent link: https://www.econbiz.de/10003806025
The introduction of the 2006 Norwegian shareholder income tax was announced in advance, and it increased top marginal … tax rates on individual dividend income from zero to 28 percent. We document strong timing effects on dividend payout on a … income shifting through the timing of dividends seems to be a drain on internal equity and cause increases in the …
Persistent link: https://www.econbiz.de/10003806745