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Shall we kill or enslave Caesar? Analyzing the Caesar model

Jasso, Guillermina - 2008

paper presents a model of killing versus enslaving Caesar, based on a new theory which unifies justice, status, and power … of societies - justice-nonmaterialistic, status, and power-nonmaterialistic. Results cover members' gains, effects of own … killed only in a justice-nonmaterialistic society, and from the noblest of motives - to achieve equal gains for members. …

Persistent link: https://www.econbiz.de/10010268571

Migration, the quality of the labour force and economic inequality

Kahanec, Martin; Zimmermann, Klaus F. - 2008

Mobility of workers involves flows of labour, human capital and other production factors and thus contributes to a more efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also change the international and national...

Persistent link: https://www.econbiz.de/10010268676

Measuring long-term inequality of opportunity

Aaberge, Rolf; Mogstad, Magne; Peragine, Vito - 2010

In this paper, we introduce and apply a general framework for evaluating long-term income distributions according to the Equality of Opportunity principle. Our framework allows for both an ex-ante and an ex-post approach to EOp. Our ex-post approach relies on a permanent income measure defined...

Persistent link: https://www.econbiz.de/10010269663

A general model of technical change with an application to the OECD countries

Heshmati, Almas; Kumbhakar, Subal C. - 2011

In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...

Persistent link: https://www.econbiz.de/10010280731

Jacob Mincer, Experience and the Distribution of Earnings

Chiswick, Barry R. - 2003

This paper reviews Jacob Mincer?s contributions to the analyses of earnings and the distribution of earnings through his pioneering focus on labor market experience or on-the-job training. It begins with a brief discussion of the theoretical literature on the distribution of earnings in the...

Persistent link: https://www.econbiz.de/10010261574

Risky human capital investment, income distribution, and macroeconomic dynamics

Grossmann, Volker - 2003

This paper analyzes the interaction between intergenerational wealth transmission, human capital investments under uninsurable labor income risk, and economic growth in a small open overlapping-generations economy with heterogeneous agents. It demonstrates how the role of the personal income...

Persistent link: https://www.econbiz.de/10010261651

The Economics of Human Cloning

Saint-Paul, Gilles - 2000

In this paper, we analyze the extent to which market forces create an incentive for cloning human beings. We show that a market for cloning arises if a large enough fraction of the clone?s income can be appropriated by its model. Only people with the highest ability are cloned, while people at...

Persistent link: https://www.econbiz.de/10010262438

Information Technology and the Knowledge Elites

Saint-Paul, Gilles - 2001

I study a model where Information Technology, while typically increasing overall inequality, is likely to harm some people at intermediate and high levels of the distribution of income but to benefit people at the bottom. Within a given occupation it may harm some workers while benefitting...

Persistent link: https://www.econbiz.de/10010262486

International migration, ethnicity and economic inequality

Kahanec, Martin; Zimmermann, Klaus F. - 2008

While the allocative efficiency of mobility is typically considered to be positive but small in the long run, the induced changes in equality may be considerable in size. In practice, however, migrants typically improve their income position in comparison to those at home, stimulate the economic...

Persistent link: https://www.econbiz.de/10010268747

Accounting for Income Distribution Trends : A Density Function Decomposition Approach

Jenkins, Stephen P.; van Kerm, Philippe - 2004

This paper develops methods for decomposing changes in the income distribution using subgroup decompositions of the income density function. Overall changes are related to changes in subgroup shares and changes in subgroup densities, where the latter are broken down further using elementary...

Persistent link: https://www.econbiz.de/10010276944

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