Showing 1 - 10 of 239
studies the reverse. Using surveys of lottery winners, we analyze the effects of unearned income on the Big Five personality … traits. After correcting for potential endogeneity problems from prize sizes, we find that unearned income improves traits …
Persistent link: https://www.econbiz.de/10013118044
This paper estimates the extent of intergenerational income mobility in Japan among sons and daughters born between … Japanese Social Stratification and Mobility (SSM) surveys, collected between 1965 and 2005. Father's income is predicted on the … intergenerational income elasticity (IGE) for both sons and daughters, in Japan lies around .35, which is an intermediate value, by …
Persistent link: https://www.econbiz.de/10013096460
The goal of this study is to examine trends in the importance of family background in determining adult income in … Sweden. We investigate whether the association between family background and income in Sweden has changed for cohorts born … 1932-1968. Our main finding is that the share of the variance in long-run income that is attributable to family background …
Persistent link: https://www.econbiz.de/10012776075
The correlation in economic status among siblings is a useful "omnibus measure" of the overall impact of family and community factors on adult economic status. In this study we compare brother correlations in long-run (permanent) earnings between the United States, on one hand, and the Nordic...
Persistent link: https://www.econbiz.de/10013321281
A large empirical literature documents a rise in wage inequality in the American economy. Itis silent on whether the increase in inequality is due to greater heterogeneity in thecomponents of earnings that are predictable by agents or whether it is due to greateruncertainty faced by agents...
Persistent link: https://www.econbiz.de/10005861533
earnings and income inequality in the USA. Time-inconsistencyproblems related to top coding in theses data have led many …
Persistent link: https://www.econbiz.de/10005862788
We analyze the association between inequality and growth across 72 labor market regions in Sweden 1990-2006. Highly accurate measures of growth and inequality (gini, Q3, p9075, p5010) are derived from population register data. The regional set-up also reduces problems with omitted variable bias...
Persistent link: https://www.econbiz.de/10013129935
traditional notion of income mobility as well as for mobility around extreme and moderate poverty lines. The estimates suggest … personal factors reduces the estimate of income immobility by around 30 percent. There are also large variations in country …-specific income mobility (estimated to explain some additional 10 percent of inter-temporal income variation). Analyzing the …
Persistent link: https://www.econbiz.de/10013130794
This paper proposes an equilibrium theory of the organization of work in an economy with an implicit market for productive time. In this economy, agents have limited productive time and can choose to produce in autarky, buy productive time from helpers to increase own production or, sell their...
Persistent link: https://www.econbiz.de/10013134815
This paper proposes an assignment model where sorting occurs on attributes including both skills (Sattinger, 1979) and preferences (Tinbergen, 1956). The key feature of this model is that the wage function admits both jobs' and workers' attributes as arguments. Since this function is generically...
Persistent link: https://www.econbiz.de/10013138736