Showing 1 - 10 of 317
Inequality has risen in many countries over the last two decades, especially in the transition economies, but also in many developing and developed economies. This is disturbing since little progress can be made in poverty reduction when inequality is high and rising. Moreover, contrary to...
Persistent link: https://www.econbiz.de/10010279357
In a meritocratic society an individual's economic success is determined by their ability, not by their parents' socio-economic status. We assess whether meritocracy has increased in both the British education system and labour market. The richness of our longitudinal data enables us to look at...
Persistent link: https://www.econbiz.de/10010262171
This paper seeks to unpick the complex effects of migration, country of birth, and place of residence in Scotland on individual success in the labour market. We pay specific attention to the labour force experience of English-born residents in Scotland, whom the cross sectional literature...
Persistent link: https://www.econbiz.de/10010274181
This paper reconciles neoclassical models of economic growth (Solow) with the formation of social classes during economic transition (Marx). An environment with missing capital markets and no labor divisibility is shown to lead to a steady state with no aggregate inefficiencies, but a very...
Persistent link: https://www.econbiz.de/10010330219
This paper models the interaction between individuals' identity choices and redistribution. Both redistributive policies and identity choices are endogenous, and there might be multiple equilibria. The model is applied to ethnicity and social class. In an equilibrium with high taxes, the poor...
Persistent link: https://www.econbiz.de/10010281284
Are social (occupational) classes coherent, distinct entities? While they reflect an underlying reality, they are more fragmented than theory suggests. It is hypothesised that skill mismatches mean that each class includes a substantial proportion of poorly paid people who could be in the class...
Persistent link: https://www.econbiz.de/10010288913
This paper models the interaction between individuals' identity choices and redistribution. Both redistributive polices and identity choices are endogenous, and there might be multiple equilibria. The model is applied to ethnicity and social class. In an equilibrium with high taxes, the poor...
Persistent link: https://www.econbiz.de/10010320104
This article shows within a simple growth model how the make up of society affects economic performance when property rights are unenforceable. It investigates behavior of non-cooperative social groups that consume, produce, and appropriate resources either peacefully or through contest. For the...
Persistent link: https://www.econbiz.de/10010262966
This paper develops a simple dynamic, non-symmetric game between two player populations that can be generalised to a large variety of conflicts. One population attempts to re-write a current (social) contract in its favour, whereas the other prefers to maintain the status quo. In the model's...
Persistent link: https://www.econbiz.de/10010328405
We introduce distributive justice into a simple model of growth and distribution. Two groups (‘classes’) of otherwise identical, capital-rich and capital-poor individuals (‘capitalists’) and (‘workers’) are in conflict over factor (labour-capital) shares. Capitalists’ (workers’)...
Persistent link: https://www.econbiz.de/10012018292