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Public school funding depends heavily on local property tax revenue. Consequently, low-income households have limited … and endogenous local school quality, we show that this property tax funding mechanism reduces intergenerational mobility …
Persistent link: https://www.econbiz.de/10012853203
We evaluate a temporary public sector employment program targeted at individuals with weak labor market attachment, applying dynamic inverse probability weighting to account for dynamic selection. We show that the program is successful in increasing employment and reducing social assistance....
Persistent link: https://www.econbiz.de/10012879620
We analyze inequality and mobility across generations in a dynastic economy. Nurture, in terms of bequests and the schooling investment into the next generation, is observable but the draw of nature in terms of ability is hidden, stochastic and persistent across generations. We calibrate the...
Persistent link: https://www.econbiz.de/10012166025
We review the economic literature on the impacts of the several dimensions of education upon intergenerational inequality persistency. It is firstly outlined that the critical increase in the population education level in all countries has not come with lower inequality. The basic tools of...
Persistent link: https://www.econbiz.de/10014157044
Persistent link: https://www.econbiz.de/10011991789
residential sorting on school quality can explain this fact. We combine 15 years of data on public elementary school students in … North Carolina with geocoded school locations and proxy city size with a measure of school density in a local labor market …. Assortative matching between student advantage and school quality markedly increases with city size, accounting for 10% of the …
Persistent link: https://www.econbiz.de/10014545306
The research on educational inequality plays an essential role in characterizing the fairness and effectiveness of educational systems, and monitoring and evaluating processes of educational development. This paper introduces a new quinquennial data set of educational inequality of 146...
Persistent link: https://www.econbiz.de/10014179569
This paper presents new results on the relationship between income inequality and education expansion-that is, increasing average years of schooling and reducing inequality of schooling. When dynamic panel estimation techniques are used to address issues of persistence and endogeneity, we find a...
Persistent link: https://www.econbiz.de/10011704587
A strong association between incomes across generations - with children from poor families likely to be poor as adults - is frequently considered an indicator of insufficient equality of opportunity. Studies of such "intergenerational persistence," or lack of intergenerational mobility, are...
Persistent link: https://www.econbiz.de/10011433176
Countries with high income inequality also show a strong association between parents ́and childrenś economic well-being; i.e. low intergenerational mobility. This study is the first to test this relationship in a between and within country setup, using harmonized micro data from 18 Latin...
Persistent link: https://www.econbiz.de/10011440819