Showing 1 - 10 of 1,252
In this paper, we analyze the extent to which market forces create an incentive for cloning human beings. We show that a market for cloning arises if a large enough fraction of the clone?s income can be appropriated by its model. Only people with the highest ability are cloned, while people at...
Persistent link: https://www.econbiz.de/10001545534
This paper uses a dynastic model of household behavior to estimate and decomposed the correlations in earnings across … generations. The estimate model can explain 75% to 80% of the observed correlation in lifetime earnings between fathers and sons … investment in children are the main driving force behind the intergenerational correlation in earnings and assortative mating …
Persistent link: https://www.econbiz.de/10012904042
lead to racial differences in labor supply and home hours of couples. Although both the black-white labor market earnings …
Persistent link: https://www.econbiz.de/10012904044
The paper characterizes the optimal tax policy and the optimal quality of day care services in a OLG model with warm-glow altruism where parental choices over child care arrangements affect the probability that the child becomes a high-skilled adult in a type-specific way. With respect to...
Persistent link: https://www.econbiz.de/10013316071
The paper characterizes the optimal tax policy and the optimal quality of day care services in a OLG model with warm-glow altruism where parental choices over child care arrangements affect the probability that the child becomes a high-skilled adult in a type-speciffc way. With respect to...
Persistent link: https://www.econbiz.de/10014172268
This paper investigates the relationship between intergenerational inequality and differences in pay policies among firms. We examine whether the effects of parental background in firm selection contribute to the persistence of income inequality across generations, and particularly how this can...
Persistent link: https://www.econbiz.de/10014637312
In this chapter we portray the effects of female education and professional achievement on fertility decline in Spain over the period 1920-1980 (birth cohorts of 1900-1950). A longitudinal econometric approach is used to test the hypothesis that the effects of women's education in the revaluing...
Persistent link: https://www.econbiz.de/10012729652
We find that firms located in areas with higher intergenerational mobility are more profitable. Building off the work of Chetty and Hendren (2018a and 2018b)—who provide measures of intergenerational mobility for all commuting zones (essentially, metropolitan areas) within the U.S.—we are...
Persistent link: https://www.econbiz.de/10012182409
The paper studies the determinants of income distribution and growth in an overlapping generations economy with heterogenous households. Our framework has the following main features: (1) heterogeneity of consumers with respect to wealth and parental human capital; (2) intergenerational...
Persistent link: https://www.econbiz.de/10011399283
The paper studies the determinants of income distribution and growth in an overlapping generations economy withheterogenous households. Our framework has the following main features:heterogeneity of consumers with respect to wealth and parental human capital;intergenerational transfers,...
Persistent link: https://www.econbiz.de/10011318579