Showing 1 - 10 of 2,654
We examine economic growth, inequality and education when the wellspring of growth is the formation of human capital through a combination of the quality of child-rearing and formal schooling. The existence of multiple steady states is established, including a poverty trap, wherein children work...
Persistent link: https://www.econbiz.de/10011403095
In order to credibly "sell" legitimate children to their spouse, women must forego more attractive mating opportunities. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of human capital accumulation, and the evolution of the...
Persistent link: https://www.econbiz.de/10003901742
We evaluate a temporary public sector employment program targeted at individuals with weak labor market attachment, applying dynamic inverse probability weighting to account for dynamic selection. We show that the program is successful in increasing employment and reducing social assistance....
Persistent link: https://www.econbiz.de/10012879620
A model of endogenous growth is presented, based on productive public expenditures, and featuring some degree of income inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital taxation that relies, both on voting and on "influence...
Persistent link: https://www.econbiz.de/10014461501
Support for redistribution depends on whether inequality stems from differences in performance or luck, but different … sources of luck may impact redistribution differentially. We elicit redistribution decisions from a U.S.-representative sample …
Persistent link: https://www.econbiz.de/10014582297
social preferences for redistribution. Two separate experiments (one in the UK and the other in the USA) show that the elite …
Persistent link: https://www.econbiz.de/10014637340
This paper discusses what determines the preferences of individuals for redistribution. We review the theoretical … tolerance for inequality. -- Preferences for redistribution …
Persistent link: https://www.econbiz.de/10003824787
We develop a theory of endogenous political entrenchment in a simple two-party dynamic model of income redistribution … the net gain that low-skill agents obtain from income redistribution, which only the Left (but not the Right) can credibly … theory for constitutionally legislated term limits is also discussed. The theory sheds light on why left-wing parties or …
Persistent link: https://www.econbiz.de/10009535765
' subjects determines later redistributive decisions among the 'heir' subjects. On average, redistribution is highest among the …
Persistent link: https://www.econbiz.de/10013168233
Although different approaches and methods have been used to measure inequality aversion, there remains no consensus about its drivers at the individual level. We conducted an experiment on a sample of more than 1800 first-year undergraduate economics and business students in Uruguay to...
Persistent link: https://www.econbiz.de/10012697782