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Why are some people wealth rich while others are poor? To what extent can governments affect inequality? Which instruments should they use? Answering these questions requires understanding why people save. Dynamic quantitative models of wealth inequality can help us to understand and quantify...
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We use newly linked UK administrative to estimate absolute income mobility for children born in England in the 1980s. We find huge differences across the country, with a strong North-South gradient. Children from low-income families who grew up in the lowest mobility areas - overwhelmingly in...
Persistent link: https://www.econbiz.de/10013331037
This paper builds upon Cunha's (2015) subjective rationality model in which parents have a subjective belief about the … future outcomes. Consistent with the theory, we show that maternal LOC measured at the 12th week of gestation strongly …
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developing world. I study the role played by parents’ educational investment to explain this inequality and its determinants. To … mitigate the identification problem posed by observational data, I design a lab-in-the-field experiment with poor parents in … India. I develop new theory-driven survey measures based on hypothetical scenarios that allow me to separately identify …
Persistent link: https://www.econbiz.de/10013331723
We construct a dynamic general equilibrium model with occupation mobility, human capital accumulation and endogenous assignment of workers to tasks to quantitatively assess the aggregate impact of automation and other task-biased technological innovations. We extend recent quantitative general...
Persistent link: https://www.econbiz.de/10011998090
This chapter examines gender inequality, focusing on two critical spheres in which gender inequality is generated: education and work. The objective is to provide a current snapshot of gender inequality across key indicators as well as a dynamic perspective that highlights successes and...
Persistent link: https://www.econbiz.de/10014540560
compensated through school resources. In this way, by incorporating the behavioral responses of parents, teachers and policymakers …
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