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rents for amenities that they do not value as much. We quantify the corresponding impact on well-being inequality. Through … households, above and beyond rising nominal income inequality.Institutional subscribers to the NBER working paper series, and …
Persistent link: https://www.econbiz.de/10012864806
This paper presents a model where human capital differences - rather than technology differences - can explain several central phenomena in the world economy. The results follow from the educational choices of workers, who decide not just how long to train, but also how broadly. A quot;knowledge...
Persistent link: https://www.econbiz.de/10012751445
This is the first paper to document the effect of health on the migration propensities of African Americans in the American past. Using both IPUMS and the Colored Troops Sample of the Civil War Union Army Data, I estimate the effects of literacy and health on the migration propensities of...
Persistent link: https://www.econbiz.de/10012771802
How much do sins visited upon one generation harm that generation's future sons, daughters, grandsons and granddaughters? I study this question by comparing outcomes for former slaves and their children and grandchildren to outcomes for free blacks (pre-1865), and their children and...
Persistent link: https://www.econbiz.de/10013239163
This paper develops a model of the geographic distribution of crime in an urban area. When the police protect some neighborhoods (concentrated protection), the city becomes segregated. When the police are evenly deployed across the city (dispersed protection), an integrated city emerges. Unequal...
Persistent link: https://www.econbiz.de/10012994380
The growth of American governments in the twentieth century included large increases in funds for social insurance and public assistance. Social insurance has increased far more than public assistance, so “rise in the social insurance state” is a far better description of the century than...
Persistent link: https://www.econbiz.de/10013306637
Inequality in U.S. housing prices and rents both declined in the mid-20th century, even as home-ownership rates rose …. Subsequently, housing-price inequality has risen to pre-War levels, while rent inequality has risen less. Combining both measures …, we see inequality in housing consumption equivalents mirroring patterns in income across both space and time, according …
Persistent link: https://www.econbiz.de/10013000510
The past thirty years have seen a dramatic decline in the rate of income convergence across states and in population flows to high-income places. These changes coincide with a disproportionate increase in housing prices in high-income places, a divergence in the skill-specific returns to moving...
Persistent link: https://www.econbiz.de/10012901489
Some of today's most heated policy debates about Brexit, trade wars, climate change abatement, and migration involve redistribution of resources within a given country (national redistribution) and between countries (global redistribution). Nevertheless, theories and evidence on preferences for...
Persistent link: https://www.econbiz.de/10012857817
This paper investigates how tax changes for different income groups affect aggregate economic activity. I construct a measure of who received (or paid for) tax changes in the postwar period using tax return data from NBER's TAXSIM. I aggregate each tax change by income group and state. Variation...
Persistent link: https://www.econbiz.de/10013025787