This paper considers the role of human capital accumulation of agents differentiated by skill type in the joint determination of social mobility and the skill premium. Our approach allows us to evaluate the dynamic e¤ects of tax reforms and education spending policies on economic e¢ ciency as...

This paper develops a dynamic general equilibrium model to highlight the role of human capital accumulation of agents differentiated by skill type in the joint determination of social mobility and the skill premium. We first show that our model captures the empirical co-movement of the skill...

This paper develops a dynamic general equilibrium model to highlight the role of human capital accumulation of agents differentiated by skill type in the joint determination of social mobility and the skill premium. We first show that our model captures the empirical co-movement of the skill...

Inequality in earned wages is in our western society on the increase. Social mobility is on the decrease. The contribution of education to equality of opportunity is decreasing, because education adapts more slowly to the increasing complexities of our societies than the home and social...

We estimate a unified measure of inclusive growth for emerging markets by integrating their economic growth performance and income distribution outcomes, using data over three decades. Country distributions are calibrated by combining PPP GDP per capita and income distribution from survey data....

It is recognised that expressive preferences may play a major role in determining voting decisions because the low probability of being decisive in elections undermines standard instrumental reasoning. Expressive and instrumental preferences may deviate and in electoral settings it is more...

This paper analyses the role of family risk attitudes in intergenerational mobility in incomes and education. Based on 1984-2009 data of sons and fathers from the German Socio-Economic Panel Survey, there is evidence suggesting that sons with risk taking fathers have a significantly higher...

This paper analyzes the effect of attending vocational secondary education on labor market outcomes. Using administrative data on school enrollment, labor income, and employment, we identify the type of secondary school attended, as well as the number of months of formal employment and monthly...

ILO pub-WEP pub. Working paper on internal migration propensity in the Philippines - analyses the effects of age group, sex, educational level, occupation and marital status variables on social mobility and labour mobility, and constitutes part of a WEP research project on population and...

This paper examines the relation between ambition, as a form of dynamic human capital, and the escalator role of high-order metropolitan regions, as originally identified by A. J. Fielding. It argues that occupational progression in such places particularly depends on concentrations both of...