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Equality of opportunity and the distribution of long-run income in Sweden
Björklund, Anders; Jäntti, Markus; Roemer, John E. - 2011
Equality of opportunity is an ethical goal with almost universal appeal. The interpretation taken here is that a society has achieved equality of opportunity if it is the case that what individuals accomplish, with respect to some desirable objective, is determined wholly by their choices and...
Persistent link: https://www.econbiz.de/10010274702
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Equality of Opportunity and the Distribution of Long-Run Income in Sweden
Björklund, Anders; Jäntti, Markus; Roemer, John E. - Institute for the Study of Labor (IZA) - 2011
Equality of opportunity is an ethical goal with almost universal appeal. The interpretation taken here is that a society has achieved equality of opportunity if it is the case that what individuals accomplish, with respect to some desirable objective, is determined wholly by their choices and...
Persistent link: https://www.econbiz.de/10008836680
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Inequality of Opportunity in Wealth: Levels, Trends, and Drivers
Graeber, Daniel; Hilbert, Viola; König, Johannes - 2023
While inequality of opportunity (IOp) in earnings is well studied, the literature on IOp in individual net wealth is … wealth and income distribution can significantly diverge. We measure ex-ante IOp in net wealth for Germany using data from … wealth before effort is exerted. The SOEP allows for a direct mapping from individual circumstances to individual net wealth …
Persistent link: https://www.econbiz.de/10014469604
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Entrepreneurship, Wealth, Liquidity Constraints and Start-up Costs
Fonseca, Raquel; Michaud, Pierre-Carl; Sopraseuth, Thepthida - Institute for the Study of Labor (IZA) - 2007
We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of … entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship … function of individual wealth while the introduction of start-up costs tends to flatten this relationship. The theoretical …
Persistent link: https://www.econbiz.de/10005763661
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What If You Had Been Less Fortunate: The Effects of Poor Family Background on Current Labor Market Outcomes
Cho, Sungwook; Heshmati, Almas - 2013
This study examines the correlation between childhood poverty and its influence on adulthood wage distribution, where childhood poverty refers to experience of poverty or poor family background during one's childhood. With the data from Korean Labor Income Panel Study, KLIPS, quantile regression...
Persistent link: https://www.econbiz.de/10010329048
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On the Origins of Entrepreneurship: Evidence from Sibling Correlations
Lindquist, Matthew J.; Sol, Joeri; van Praag, Mirjam C.; … - 2016
Promoting entrepreneurship has become an increasingly important part of the policy agenda in many countries. The success of such policies, however, rests in part on the assumption that entrepreneurship outcomes are not fully determined at a young age by factors that are unrelated to current...
Persistent link: https://www.econbiz.de/10011559706
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How Equal Are Educational Opportunities? : Family Background and Student Achievement in Europe and the United States
Woessmann, Ludger - 2004
This paper estimates the effects of family-background characteristics on student performance in the US and 17 Western European school systems. Family background has strong effects both in Europe and the United States, remarkably similar in size. France and Flemish Belgium achieve the most...
Persistent link: https://www.econbiz.de/10010262033
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Education policy and equality of opportunity
Schütz, Gabriela; Ursprung, Heinrich W.; Woessmann, Ludger - 2005
We provide a measure of equality of educational opportunity in 54 countries, estimated as the effect of family background on student performance in two international TIMSS tests. We then show how organizational features of the education system affect equality of educational opportunity. Our...
Persistent link: https://www.econbiz.de/10010267527
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Intergenerational persistence in educational attainment in Italy
Checchi, Daniele; Fiorio, Carlo V.; Leonardi, Marco - 2008
In this paper we show that there is a reduction in the correlation coefficient between father and children schooling levels over time in Italy. However, focusing on equality of circumstances, we show that there is still a persistent difference in the odds of attaining a college degree between...
Persistent link: https://www.econbiz.de/10010268574
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Cognitive Skills, Non-Cognitive Skills, and Family Background: Evidence from Sibling Correlations
Anger, Silke; Schnitzlein, Daniel D. - 2016
This paper estimates sibling correlations in cognitive and non-cognitive skills to evaluate the importance of family background for skill formation. Based on a large representative German dataset including IQ test scores and measures of non-cognitive skills, a restricted maximum likelihood model...
Persistent link: https://www.econbiz.de/10011494290