This paper estimates the elasticity of substitution between capital and skill using variation across U.S. counties in … immigration-induced skill-mix changes between 1860 and 1930. We find that capital began as a q-complement for skilled and … parametric production function calibrated to our estimates imply the level of capital-skill complementarity after 1890 likely …

particular, capital-skill complementarity represents a source of relative skill-bias while SETI provides an absolute skill …

balanced panel of 73 developed and developing countries to examine the capital-skill complementarity hypothesis. The exercise … shows some support for capital-skill complementarity, but the strength of the evidence depends upon the definition of …

shifts by (observable) changes in the capital stock under a capital-skill complementarity technology. The results show that … stock of capital, the KORV model predicts that the skill-premium will remain between -5% and +5% of its 1996 level …

Differences in wages, employment, and capital between worker-owned and capitalist enterprises are computed from a …, employment, and capital equations largely corroborate the implications of the behavioral models of the two types of enterprise …

redistributive taxation. In a formal model of redistribution with international migration and fiscal competition we derive the main …

This paper discusses what determines the preferences of individuals for redistribution. We review the theoretical …

redistribution from the rich to the poor will improve social welfare, regardless of how small inequality is in the status quo …

agents' biased perceptions with this information has a significant effect on their stated preferences for redistribution … levels of redistribution when informed of their true ranking. This relationship between biased perceptions and political … attitudes provides an alternative explanation for the relatively low degree of redistribution observed in modern democracies …