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Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries
Fuchs-Schuendeln, Nicola; Krueger, Dirk; Sommer, Mathias - In: Review of Economic Dynamics 13 (2010) 1, pp. 103-132
In this paper we first document inequality trends in wages, hours worked, earnings, consumption, and wealth for Germany … from the last twenty years. We generally find that inequality was relatively stable in West Germany until the German …, on the other hand, display only a modest increase in inequality over the same period. These trends occured against the …
Persistent link: https://www.econbiz.de/10008487512
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On the consequences of demographic change for rates of returns to capital, and the distribution of wealth and welfare
Krueger, Dirk; Ludwig, Alexander - 2006
This paper employs a multi-country large scale Overlapping Generations model with uninsurable labor productivity and mortality risk to quantify the impact of the demographic transition towards an older population in industrialized countries on world-wide rates of return, international capital...
Persistent link: https://www.econbiz.de/10010298332
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On the consequences of demographic change for rates of returns to capital, and the distribution of wealth and welfare
Krueger, Dirk; Ludwig, Alexander - Center for Financial Studies - 2006
This paper employs a multi-country large scale Overlapping Generations model with uninsurable labor productivity and mortality risk to quantify the impact of the demographic transition towards an older population in industrialized countries on world-wide rates of return, international capital...
Persistent link: https://www.econbiz.de/10010986497
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Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations
Ludwig, Alexander; Krueger, Dirk; Boersch-Supan, Axel H. - National Bureau of Economic Research (NBER) - 2007
Demographic change has differential impacts on the welfare of current and future generations. In a simple closed economy, aging -- a relative scarcity of young workers -- increases wages, increasing the welfare of the young. At the same time, population aging will reduce rates of return to...
Persistent link: https://www.econbiz.de/10005778836
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On the Consequences of Demographic Change for Rates of Returns to Capital, and the Distribution of Wealth and Welfare
Krueger, Dirk; Ludwig, Alexander - National Bureau of Economic Research (NBER) - 2006
This paper employs a multi-country large scale Overlapping Generations model with uninsurable labor productivity and mortality risk to quantify the impact of the demographic transition towards an older population in industrialized countries on world-wide rates of return, international capital...
Persistent link: https://www.econbiz.de/10005088817
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On the Consequences of Demographic Change for Rates of Returns to Capital, and the Distribution of Wealth and Welfare
Krueger, Dirk; Ludwig, Alexander - Center for Financial Studies - 2006
This paper employs a multi-country large scale Overlapping Generations model with uninsurable labor productivity and mortality risk to quantify the impact of the demographic transition towards an older population in industrialized countries on world-wide rates of return, international capital...
Persistent link: https://www.econbiz.de/10005120789
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On the Consequences of Demographic Change for Rates of Return to Capital, and the Distribution of Wealth and Welfare
Krueger, Dirk; Ludwig, Alexander - C.E.P.R. Discussion Papers - 2006
This paper employs a multi-country large scale Overlapping Generations model with uninsurable labour productivity and mortality risk to quantify the impact of the demographic transition towards an older population in industrialized countries on world-wide rates of return, international capital...
Persistent link: https://www.econbiz.de/10005666790
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Shaping inequality and intergenerational persistence of poverty: Free college or better schools
Krueger, Dirk; Ludwig, Alexander; Popova, Irina - 2024
We evaluate the aggregate, distributional and welfare consequences of alternative government education policies to encourage college completion, such as making college free and improving funding for public schooling. To do so, we construct a general equilibrium overlapping generations model with...
Persistent link: https://www.econbiz.de/10014528313
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The long-term distributional and welfare effects of Covid-19 school closures
Fuchs-Schündeln, Nicola; Krueger, Dirk; Ludwig, Alexander - 2020
Using a structural life-cycle model, we quantify the long-term impact of school closures during the Corona crisis on children affected at different ages and coming from households with different parental characteristics. In the model, public investment through schooling is combined with parental...
Persistent link: https://www.econbiz.de/10012287278
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The long-term distributional and welfare effects of Covid-19 school closures
Fuchs-Schündeln, Nicola; Krueger, Dirk; Ludwig, Alexander - 2020
Using a structural life-cycle model, we quantify the long-term impact of school closures during the Corona crisis on children affected at different ages and coming from households with different parental characteristics. In the model, public investment through schooling is combined with parental...
Persistent link: https://www.econbiz.de/10012288090