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In this paper, social mobility is measured by looking at the extent to which family background determines socioeconomic success. Roughly speaking, social mobility can be measure by means of two distinct types of correlations: intergenerational correlations and sibling correlations.
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The model presented in the paper generates important implications concerning how the allocation of resources between children varies across income groups. In the model, poor and middle-income families tend to channel their resources into a few children whereas rich families (and perhaps very...
Persistent link: https://www.econbiz.de/10010944511
This paper presents a new data set on constitutional commitments to social rights (CCSR) for 68 countries. Quantitative indices are constructed for five social rights: the right to social security, education, health, housing and workers rights. We find two clear groups classified by legal...
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This research examines the relationship between positive and negative perceptions of pensions and motivation to engage in the decision process of choosing a private pension plan, as well as satisfaction from the chosen pension plan, among trained economists. A sample of 134 economists completed...
Persistent link: https://www.econbiz.de/10010550651
A crucial assumption for the solution of the endogenous growth model with government intervention is a balanced budget along the perpetual steady state. This assumption is unreal once we are interested to test the model using government data, given that in most countries the budget is not...
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