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support a large aging dependent population, including better education, and greater mobility providing access to employment …
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most likely responsible for a considerable part of European unemployment. … der Grenzproduktivitäten kommt. Auf makroökonomischer Ebene läßt sich eine optimale Schiefe der Einkommensverteilung …
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This paper studies how heterogeneity in income dynamics affects the POUM hypothesis (the idea that poor people do not support high level of redistribution because they hope to be rich in the future). We consider a setting where individuals evaluate their expected future income using both their...
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This paper investigates social mobility in Bolivia and discusses its implications for poverty reduction and long …-run growth. Regressions based on household survey data show that social mobility is very low in Bolivia, even by Latin American … rural-urban migration. As a consequence, poverty tends to be fairly persistent over time. Moreover, low social mobility …
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