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Innovation and top income inequality
Aghion, Philippe; Akcigit, Ufuk; Bergeaud, Antonin; … - In: The review of economic studies : RES 86 (2019) 1, pp. 1-45
Persistent link: https://www.econbiz.de/10012107705
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Decomposing changes in income risk using consumption data
Blundell, Richard W.; Low, Hamish; Preston, Ian - In: Quantitative economics : QE ; journal of the … 4 (2013) 1, pp. 1-37
We develop a new approach to the decomposition of income risk within a non- stationary model of intertemporal choice … of persistent and transitory components in the dynamic process for income. We fo- cus on what can be learned from … environment is used to show the robustness of the method for decomposing income risk. The approach is used to investigate the …
Persistent link: https://www.econbiz.de/10011756856
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Innovation and top income inequality
Aghion, Philippe; Akcigit, Ufuk; Bergeaud, Antonin; … - 2015
Persistent link: https://www.econbiz.de/10011300221
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Innovation and top income inequality
Aghion, Philippe; Akcigit, Ufuk; Bergeaud, Antonin; … - 2015
Persistent link: https://www.econbiz.de/10011305207
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Innovation and top income inequality
Aghion, Philippe; Akcigit, Ufuk; Bergeaud, Antonin; … - 2015
Persistent link: https://www.econbiz.de/10011297572
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Inequality and creative destruction
Blundell, Richard W.; Jaravel, Xavier; Toivanen, Otto - 2022
In this article we review recent evidence showing how market forces and policies shape the rate and direction of innovation, with various implications for inequality. First, we characterize several market mechanisms whereby higher rates of innovation lead to higher inequality. Second, we...
Persistent link: https://www.econbiz.de/10012822253
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Inequality and creative destruction
Blundell, Richard W.; Jaravel, Xavier; Toivanen, Otto - 2022
Persistent link: https://www.econbiz.de/10012797090
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Innovation and Top Income Inequality
Aghion, Philippe - 2015
In this paper we use cross-state panel data to show that top income inequality is (at least partly) driven by … innovation. We first establish a positive and significant correlation between various measures of innovativeness and top income …) reflects a causality from innovativeness to top income inequality, and the effect is significant: for example, when measured by …
Persistent link: https://www.econbiz.de/10013021154
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Innovation and Top Income Inequality
Aghion, Philippe - 2015
innovativeness and top income inequality in the United States over the past decades. Two distinct instrumentation strategies suggest … that this correlation (partly) reflects a causality from innovativeness to top income inequality, and the effect is … for around 17% of the total increase in the top 1% income share between 1975 and 2010. Yet, innovation does not appear to …
Persistent link: https://www.econbiz.de/10013021469
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Interpreting cohort profiles of lifecycle earnings volatility
Blundell, Richard W.; Bollinger, Christopher R.; … - 2024
Persistent link: https://www.econbiz.de/10014576719