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of these changes has been less important in reducing income inequality. The main driving force of reduced income … inequality has been the fall in returns to education, which at the same time has been one of the important factors to …
Persistent link: https://www.econbiz.de/10011457826
-cycle model, we determine that taxes and transfers offset 45% of lifetime earnings inequality attributed to differences in …
Persistent link: https://www.econbiz.de/10014419242
In this paper we use administrative data from the social security to study income dynamics and income risk inequality … inversely related to income and age, and income risk inequality increases markedly in the recession. These findings are robust …
Persistent link: https://www.econbiz.de/10012665300
Poor families have more children and transfer less resources to them. This suggests that family decisions about fertility and transfers dampen intergenerational mobility. To evaluate the quantitative importance of this mechanism, we extend the standard heterogeneous agent life cycle model with...
Persistent link: https://www.econbiz.de/10011911515
Persistent link: https://www.econbiz.de/10014495925
Persistent link: https://www.econbiz.de/10014391304
We unbox developments in artificial intelligence (AI) to estimate how exposure to these developments affect firm-level labour demand, using detailed register data from Denmark, Portugal and Sweden over two decades. Based on data on AI capabilities and occupational work content, We develop and...
Persistent link: https://www.econbiz.de/10014445928
In this paper, the amount of income redistribution in the United States, the European Union, and Switzerland is compared and empirically related to economic, political, and behavioral determinants elaborated in the literature. Lying in between the two poles, Switzerland provides unique evidence...
Persistent link: https://www.econbiz.de/10003894063
In this paper, preferences for income redistribution in Switzerland are elicited through a Discrete Choice Experiment (DCE) performed in 2008. In addition to the amount of redistribution as a share of GDP, attributes also included its uses (working poor, the unemployed, old-age pensioners,...
Persistent link: https://www.econbiz.de/10003900781
This paper estimates intergenerational mobility in education using data from 91 censuses in 24 countries in Latin America and the Caribbean spanning over half a century. It measures upward mobility as the likelihood that individuals will complete one educational stage more than their parents...
Persistent link: https://www.econbiz.de/10014581458