Showing 1 - 10 of 251
people with the highest ability are cloned, while people at the bottom of the distribution of income specialize in surrogacy … workers have a top ability if fertility is uncorrelated with ability and if the distribution of ability among sexually … produced children is the same as among their parents. In such a society, cloning has disappeared. If the distribution of genes …
Persistent link: https://www.econbiz.de/10010262438
This paper uses an overlapping generations model with international labor mobility and a politically responsive fiscal policy to examine aging in developed and developing regions. Migrant workers change the political structure composed of young and elderly voters in both labor-receiving and...
Persistent link: https://www.econbiz.de/10010269040
This paper presents an overlapping generations model to explain why humans live in families rather than in other pair groupings. Since most non-human species are not familial, something special must be behind the family. It is shown that the two necessary features that explain the origin of the...
Persistent link: https://www.econbiz.de/10010269437
rank in the distribution of income. In the Sex and the City (SATC) type, women marry men who are better ranked than … themselves. There is a mass of unmarried men at the bottom of the distribution of human capital, and a mass of single women at … the top of that distribution. It is shown that the economy switches from a Victorian to an SATC equilibrium as inequality …
Persistent link: https://www.econbiz.de/10010271277
This paper contributes to the already vast literature on demography-induced international capital flows by examining the role of labor market imperfections and institutions. We setup a two-country overlapping generations model with search unemployment, which we calibrate on EU15 and US data....
Persistent link: https://www.econbiz.de/10010282316
other natural resources determines structural change and economic development. A more equal distribution of natural … earned in the primary goods sector. Second, by shifting the distribution of political power from resource owners towards the …
Persistent link: https://www.econbiz.de/10010267484
The success of the flat rate tax in Eastern Europe suggests that this concept could also be a model for the welfare states of Western Europe. The present paper uses a simulation model to analyse the effects of revenue neutral flat rate tax reforms on equity and efficiency for the case of...
Persistent link: https://www.econbiz.de/10010268499
, impact on distribution via the joint determination of class conflict between workers and employers, and 'ethnic' conflict …
Persistent link: https://www.econbiz.de/10010268900
Wealthy individuals often voluntarily provide public goods that the poor also consume. Such philanthropy is perceived as legitimizing one's wealth. Governments routinely exempt the rich from taxation on grounds of their charitable expenditure. We examine the normative logic of this exemption. We...
Persistent link: https://www.econbiz.de/10010268906
This paper investigates gender differences between the log wage distributions of full-time British employees in the public and private sectors. After allowing for positive selection into full-time employment by women, we find significant and substantial gender earnings gaps, and evidence of...
Persistent link: https://www.econbiz.de/10010269606