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Productivity Growth and the Phillips Curve : A Reassessment of the US Experience
Karanassou, Marika - 2009
) shifts with productivity growth. On this basis we estimate a dynamic system of macrolabour equations to evaluate the slope of …-run. Furthermore, during the stagflating 70s, the productivity slowdown contributed substantially to the increases in both unemployment … monetary expansion and productivity speedup of the roaring 90s were both responsible for the significant lowering of the …
Persistent link: https://www.econbiz.de/10013158034
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Decline in Social Mobility : Unfulfilled Aspirations Among Egypt's Educated Youth
Binzel, Christine - 2011
This paper studies how the gradual suspension of an employment guarantee scheme for secondary and post-secondary graduates has affected intergenerational mobility across well-educated cohorts in Egypt. The empirical results support suggestive evidence in the Middle East of a decline in social...
Persistent link: https://www.econbiz.de/10013117846
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Upward Income Mobility and Legislator Support for Education Policies
Bellani, Luna - 2018
This paper investigates how upward mobility affects legislator voting behavior towards education policies. We develop an electoral competition model where voters are altruistic parents and politicians are office seeking. In this setting the future economic status of the children is affected both...
Persistent link: https://www.econbiz.de/10012926727
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The Political Economy of Intergenerational Income Mobility
Ichino, Andrea - 2010
The intergenerational elasticity of income is considered one of the best measures of the degree to which a society gives equal opportunity to its members. While much research has been devoted to measuring this reduced-form parameter, less is known about its underlying structural determinants....
Persistent link: https://www.econbiz.de/10013147548
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Education Policy and Intergenerational Income Mobility : Evidence from the Finnish Comprehensive School Reform
Pekkarinen, Tuomas; Uusitalo, Roope; Pekkala, Sari - 2021
Many authors have recently suggested that the heterogeneity in the quality of early education may be one of the key mechanisms underlying the intergenerational persistence of earnings. This paper estimates the effect of a major educational reform on the intergenerational income mobility in...
Persistent link: https://www.econbiz.de/10013317536
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The Economics of Human Development and Social Mobility
Heckman, James J. - 2014
This paper distills and extends recent research on the economics of human development and social mobility. It summarizes the evidence from diverse literatures on the importance of early life conditions in shaping multiple life skills and the evidence on critical and sensitive investment periods...
Persistent link: https://www.econbiz.de/10013057895
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Earnings Mobility in Argentina, Mexico, and Venezuela : Testing the Divergence of Earnings and the Symmetry of Mobility Hypotheses
Fields, Gary; Duval-Hernandez, Robert; Freije, Samuel; … - 2021
This paper examines changes in individual earnings during positive and negative growth periods in three Latin American economies: Argentina, Mexico, and Venezuela. We ask whether those individuals who start in the best economic position are those who experience the largest earnings gains or the...
Persistent link: https://www.econbiz.de/10013316682
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Does Growth Affect the Nature of Inequality? Ireland 1994-2001
Doris, Aedin; O'Neill, Donal; Sweetman, Olive - 2021
Much has been written about the relationship between economic growth and aggregate inequality in recent years. In this paper we extend this literature by examining whether economic growth affects, not the level, but rather the nature of inequality. To do this we focus on the Irish economy which...
Persistent link: https://www.econbiz.de/10013324968
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Dynamic Skill Accumulation, Comparative Advantages, Compulsory Schooling, and Earnings
Belzil, Christian - 2011
(or negative) effects of schooling on productivity that have been recently reported (i) in the micro literature on …
Persistent link: https://www.econbiz.de/10013117619
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What Accounts for the Us Ascendancy to Economic Superpower by the Early 20th Century : The Morrill Act – Human Capital Hypothesis
Ehrlich, Isaac - 2018
Maddison's international panel data show that technically it was the faster growth rate of the US economy that led to its overtaking the UK as economic superpower. We explore the contributing factors. Identifying the land-grant colleges system triggered by the 1862/1890 Morrill Acts (MAs) as a...
Persistent link: https://www.econbiz.de/10012915173