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Due to scarcity considerations an increase in the supply of college graduates should reduce the premium for this kind of qualification. Therefore it seems quite contradictory that a tremendous educational expansion in the USA is accompanied by rising wage dispersion (overall and between...
Persistent link: https://www.econbiz.de/10003470547
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 assesses regional inequality in urban China. It predicts earnings for each worker in multiple provinces, compares provinces of residence and maximum predicted earnings, and estimates predicted relocation gains. It presents a reference comparison for the U.S. in 1940. Only 7.4% of U.S....
Persistent link: https://www.econbiz.de/10012889562
This paper employs Recentered Influence Function (RIF) regressions to examine the distributional effect of education on earnings in East Africa, using data from the Living Standards and Measurement Study (LSMS) for Malawi, Tanzania, and Uganda. Taking into consideration the pay period of the...
Persistent link: https://www.econbiz.de/10012589598
Wage-differentials by education of men and women are examined from African household surveys to suggest private wage returns to schooling. It is commonly asserted that returns are highest at primary school levels and decrease at secondary and postsecondary levels, whereas private returns in six...
Persistent link: https://www.econbiz.de/10011609563
While there is a broad consensus in the literature that there is a positive correlation between Internet usage and labor income in the richest countries, this link has not been proven in the developing world. This paper uses propensity score matching techniques and household survey data to...
Persistent link: https://www.econbiz.de/10011982562
The phenomenon of workers moving from a poor to a rich economy is high on the political agenda. When a worker moves to a richer economy, what is gained by the move? The empirical challenge in giving an answer stems from the difficulty to disentangle income differences from many other...
Persistent link: https://www.econbiz.de/10012201391
Between 1978 and 1995, Colombia made a U-turn in income inequality and underwent significant changes in key socio-demographic characteristics and labor market indicators. The dynamics of inequality were asymmetric: while rural inequality improved, the opposite happened in urban areas with...
Persistent link: https://www.econbiz.de/10012999698
Wage-differentials by education of men and women are examined from African household surveys to suggest private wage returns to schooling. It is commonly asserted that returns are highest at primary school levels and decrease at secondary and postsecondary levels, whereas private returns in six...
Persistent link: https://www.econbiz.de/10014073819
Top income inequality in the United States has increased considerably within occupations. This phenomenon has led to a search for a common explanation. We instead develop a theory where increases in income inequality originating within a few occupations can "spill over" through consumption into...
Persistent link: https://www.econbiz.de/10014322754