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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
Persistent link: https://www.econbiz.de/10001856152
The growth of Austin's high-tech industry and the industry's multiple contributions to economic development led Forbes magazine to rank Austin as the number one and number two place to live in the United States in 2000 and 2001, respectively. Our data show that college and high-school graduates...
Persistent link: https://www.econbiz.de/10014121598
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
This paper draws on existing empirical literature and an original theoretical model to argue that globalization and skill supply affect the extent to which technology adoption in developing countries favors skilled workers. Developing countries are experiencing technical change that is...
Persistent link: https://www.econbiz.de/10013085139
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...
Persistent link: https://www.econbiz.de/10014347547
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
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
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
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