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substantially higher employment (all else equal), which in turn amplifies income inequality across couples. Using NLSY79, we … accumulation and implied wage growth. Inequality between couples is largely driven by the persistence in labor supply choices and …
Persistent link: https://www.econbiz.de/10011476887
Persistent link: https://www.econbiz.de/10012114408
equal distribution of education contributes significantly to reducing income inequality. Educational expansion is a major … factor in reducing educational inequality and thus income inequality. Public policies that improve social benefits and price … stability contribute to reducing income inequality, while public spending on education helps to reduce educational inequality …
Persistent link: https://www.econbiz.de/10011797411
for global inequality. We develop and parameterize a two-sector, two-class, world economy model that endogenizes education … experiments reveal that the geography of skills matters for global inequality. Low access to education and sectoral misallocation … in the world distribution of skills, slow-growing urbanization in developing countries and a rebound in income inequality …
Persistent link: https://www.econbiz.de/10011910583
Persistent link: https://www.econbiz.de/10010484341
workers enjoy a better distribution of wages, but the attribution of the gap to wage inequality and human capital …
Persistent link: https://www.econbiz.de/10010433990
of worker. Our analysis reveals that the effects of a liberalization on human capital accumulation, income and inequality … 20 percent in the shortrun, and by more than 55 percent after 50 years. The world average index of inequality decreases … identifying assumptions. We also analyze partial liberalization shocks: efficiency and inequality effects are roughly proportional …
Persistent link: https://www.econbiz.de/10010235847
So-called "uphill capital flows", i.e. flows of physical capital from relatively poor to rich countries, are a new phenomenon with yet unclear impact. We develop a unified framework incorporating economic institutions, human capital and physical capital to study the interaction of international...
Persistent link: https://www.econbiz.de/10012696550
We study the contribution of parental similarity in schooling levels to the intergenerational transmission of educational attainment. We develop an empirical model for educational correlations within the family in which parental sorting can translate into intergenerational transmission, or...
Persistent link: https://www.econbiz.de/10012511571
We study the contribution of parental similarity in schooling levels to the intergenerational transmission of educational attainment. We develop an empirical model for educational correlations within the family in which parental sorting can translate into intergenerational transmission, or...
Persistent link: https://www.econbiz.de/10012517207