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A new approach to testing marginal productivity theory
Biewen, Martin; Weiser, Constantin - 2011
important implications for the distribution of income, the presence of optimizing behavior, and the existence of market power. …
Persistent link: https://www.econbiz.de/10010282422
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A New Approach to Testing Marginal Productivity Theory
Biewen, Martin; Weiser, Constantin - Institute for the Study of Labor (IZA) - 2011
important implications for the distribution of income, the presence of optimizing behavior, and the existence of market power. …
Persistent link: https://www.econbiz.de/10009371897
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Distributional consequences of capital accumulation, globalisation and financialisation in the US
Karanassou, Marika; Sala, Hector - 2013
functional-personal income distribution nexus. We analyse the labour share under the prism of monopoly and frictional growth, and … disclose the dramatic upward trend in inequality. On this basis, we estimate a two-equation model for the income distribution … noughties. In the Great Recession years of tense socioeconomic conditions, looking at income distribution through the lens of …
Persistent link: https://www.econbiz.de/10010293176
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The impact of household capital income on income inequality: A factor decomposition analysis for Great Britain, Germany and the USA
Fräßdorf, Anna; Grabka, Markus M.; Schwarze, Johannes - 2008
This paper analyses the contribution of capital income to income inequality in a cross-national comparison. Using micro-data from the Cross-National Equivalent File (CNEF) for three prominent panel studies, namely the BHPS for Great Britain, the SOEP for West Germany, and the PSID for the USA, a...
Persistent link: https://www.econbiz.de/10010324272
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Accounting for imputed and capital income flows in income inequality analyses
Frick, Joachim R.; Grabka, Markus M. - 2009
hand, inequality is boosted by CI especially when looking at the upper tail of the income distribution. As the German …
Persistent link: https://www.econbiz.de/10010324274
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Let's Be Selective about Migrant Self-Selection
Biavaschi, Costanza; Elsner, Benjamin - 2013
Migrants are typically self-selected from the population of their home country. While a large literature has identified the causes of self-selection, we turn in this paper to the consequences. Using a combination of non-parametric econometrics and calibrated simulation, we quantify the impact of...
Persistent link: https://www.econbiz.de/10010328909
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Wages, Innovation, and Employment in China
Fleisher, Belton M.; McGuire, William H.; Wang, Xiaojun; … - 2017
We investigate the role of factor-priced-induced innovation in mediating the employment impact of expanding production in China. Our empirical approach implements concepts developed in Acemoglu (2010) and complements the approaches summarized by Wei, Xie, and Zhang (2017) that focus on directly...
Persistent link: https://www.econbiz.de/10011653477
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The Race between Demand and Supply: Tinbergen's Pioneering Studies of Earnings Inequality
Heckman, James J. - 2018
and supply for skills to study determination of earnings and its distribution and the design of effective policy. His …
Persistent link: https://www.econbiz.de/10011984606
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Which Ladder to Climb? Decomposing Life Cycle Wage Dynamics
Bayer, Christian; Kuhn, Moritz - 2019
Wages grow and become more unequal as workers age. Economic theory focuses on worker investment in human capital, search for employers, and residual wage shocks to account for these life cycle wage dynamics. We highlight the importance of jobs: collections of tasks and duties defined by...
Persistent link: https://www.econbiz.de/10012059203
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From Classes to Copulas: Wages, Capital, and Top Incomes
Aaberge, Rolf; Atkinson, Anthony B.; Königs, Sebastian - 2018
pay for top executives and financial-sector employees. But can the change in the marginal distribution of earnings on its … income distribution, though it declined for the top 1 per cent of capital income receivers. A gender decomposition …
Persistent link: https://www.econbiz.de/10011873526