The demographic problems in developed countries are getting more and more important. Very low fertility rates especially among skilled individuals will soon become relevant for a country's economy. Also of importance is education of children. Since there is an increasing demand for skilled...

This Paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand–supply framework of analysis and what is left unexplained....

For the purpose of studying the consequences of the ageing of the Swedish population a group of scientists have enlarged the microsimulation model SESIM - originally developed at the Swedish Ministry of Finance - with modules that simulate health status, take up of sickness benefits, retirement,...

Incorporating family decisions in a two-period.model of the world economy, we predict that trade liberalization raises the skill premium and reduces child labour in developing countries where the adult labour force is sufficiently well educated to attract production activities from abroad that...

This monograph, which has been prepared as a Research Report to the New Zealand (New Zealand) Treasury, undertakes three main tasks: (1) describing the various forms of tangible and intangible human capital, their relationship to "capabilities" affecting human well-being, and the channels...

We examine the dynamic evolution of incomes, both disposable and gross, for several groups in the PSID panel data at several points from 1968 to 1997. We employ the extended Kolmogorov-Smirnov tests of First and Second Order Stochastic Dominance (SD) as implemented by Maasoumi and Heshmati...

Classical household theory predicts that adolescents facing a developed labour market should invest in formal education. In contrast, it is obvious that adolescents in subsistence economies should choose learning-by-doing approaches to working on the family farm. However, it is unclear what...

Earlier research on poverty failed to provide us with consistent measures of its prevalence across space and time. This is due to the limitations of the available sources and to the difficulty of applying to them the poverty definitions of modern social science. This article discusses different...

During the past decade there has been a growing opinion of including more than an income perspective in the examination of inequality. As a result a broad theoretical literature on the subject of multidimensional inequality is present. This can mainly be divided into three different parts:...

The problem of land inequality has attracted renewed interest in the development literature due to its potential effects on the welfare of smallholder farmers. Poverty reduction is an important sustainable development goal and a clearer understanding of the factors that could lead to poverty is...