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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
attitudes towards the income distribution in a society: the normative and the comparative view. The first can be thought of as …
Persistent link: https://www.econbiz.de/10010352288
In seeking to understand inequality today, a great deal can be learned from history. However, there are few countries for which the long-run development of income inequality has been charted. Many countries have records of incomes, taxes and social support. This paper presents a new methodology...
Persistent link: https://www.econbiz.de/10011653302
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