responses in microsimulation models. The paper focuses attention on two methodologies for modelling labour supply: the discrete …

effective income support and better incentives to work for low wage households and determines an improvement in inequality …

effective income support and better incentives to work for low wage households and determines an improvement in inequality …

We use a behavioural microsimulation model embedded in a numerical optimization procedure in order to identify optimal … inequality aversion parameter, the optimized rules provide a higher social welfare than the current rule, with the exception of …

income inequality. To these ends, we use rich data from the United States and Norway over the period 1980-2007. We find … educated, we find strong but declining assortative mating by academic major. These findings motivate and guide a decomposition … educational assortative mating accounts for a non-negligible part of the cross-sectional inequality in household income. However …