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Warrant economics, call-put policy options and the fallacies of economic theory
Hatgioannides, John; Karanassou, Marika - 2011
two sides of the Warrant Economics coin. We argue that the Warrant Economics state of capitalism has been legitimised by a …
Persistent link: https://www.econbiz.de/10010282231
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The Changing Profile of Mexican Migrants to the United States: New Evidence from California and Mexico
Cornelius, Wayne A.; Marcelli, Enrico A. - 2000
Using recent data from southern California and Mexico we challenge the notion that the demographic profile of post-1970 Mexican migrants to the United States has remained constant. We find that more recent cohorts of migrants: (1) are more likely to settle permanently in the United States, (2)...
Persistent link: https://www.econbiz.de/10010262427
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The narrowing of the US gender earnings gap, 1959 - 1999: a cohort-based analysis
Weinberger, Catherine; Kuhn, Peter - 2006
Using Census and Current Population Survey data spanning 1959 through 1999, we assess the relative contributions of two factors to the decline in the gender wage gap: changes across cohorts in the relative slopes of men's and women's age-earnings profiles, versus changes in relative earnings...
Persistent link: https://www.econbiz.de/10010267640
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Economic mobility, family background, and the well-being of children in the United States and Canada
Corak, Miles; Curtis, Lori; Phipps, Shelley - 2010
State hindering rather than helping the attainment of these goals. Finally, how do the investments these countries make in …
Persistent link: https://www.econbiz.de/10010269450
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The distribution of top incomes in five Anglo-Saxon countries over the twentieth century
Atkinson, Anthony B.; Leigh, Andrew - 2010
Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of countries. Most of these studies have focused on the national experience of individual countries, but we can also learn from cross-country comparisons. Comparative analysis is...
Persistent link: https://www.econbiz.de/10010270632
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Income mobility of individuals in China and the United States
Khor, Niny; Pencavel, John H. - 2006
Though much has been written about annual income inequality in China, little research has been conducted on longer run measures of income inequality and on income mobility. This paper compares income mobility of urban individuals in China and the United States in the 1990s. The following...
Persistent link: https://www.econbiz.de/10010276243
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Is religiosity of immigrants a bridge or a buffer in the process of integration? A comparative study of Europe and the United States
García-Muñoz, Teresa; Neuman, Shoshana - 2012
religiosity and integration different in Europe and in the United States, due to historical differences in the state …
Persistent link: https://www.econbiz.de/10010282226
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Millet, Rice, and Isolation: Origins and Persistence of the World's Most Enduring Mega-State
Kung, James Kai-sing; Özak, Ömer; Putterman, Louis; … - 2022
We propose and test empirically a theory describing the endogenous formation and persistence of mega-states, using … each other, set off a race between their autochthonous state-building projects, which determines their extent and … developed into independent states, as agriculture provided the fertile ground for state-formation, while isolation provided time …
Persistent link: https://www.econbiz.de/10013351887
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Why are saving rates so high in China?
Yang, Dennis Tao; Zhang, Junsen; Zhou, Shaojie - 2011
In this paper, we define The Chinese Saving Puzzle as the persistently high national saving rate at 34-53 percent of gross domestic product (GDP) in the past three decades and a surge in the saving rate by 11 percentage points from 2000-2008. Using data from the Flow of Funds Accounts (FFA) and...
Persistent link: https://www.econbiz.de/10010274634
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Household Characteristics, Ability and Education: Evidence´ from a Dynamic Expected Utility Model
Belzil, Christian; Hansen, Joergen - 1999
We estimate a Dynamic Programming model of the decision between continuing schooling or entering the labor market using a panel from the National Longitudinal Survey (NLSY). The model, set in an expected utility framework (with a power utility function), fits data on both schooling attainments...
Persistent link: https://www.econbiz.de/10010262274