Showing 1 - 10 of 1,653
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....
Persistent link: https://www.econbiz.de/10010272949
or income inequality is ambiguous. Do reallocations with more flows tend to produce higher productivity growth? Does such … a link appear at the expense of higher income inequality? We explore the rich evidence from earlier studies on worker … and income inequality. We apply the tools typical for a meta-analysis to verify the empirical regularities between labor …
Persistent link: https://www.econbiz.de/10011543181
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....
Persistent link: https://www.econbiz.de/10011294713
Income growth for typical American families has slowed dramatically since 1973. Slower productivity growth and an … increase in income inequality have both contributed to this trend. This paper addresses whether there is a relationship between … increase in labor income inequality. Both these findings are consistent with the observed reductions in competition, as …
Persistent link: https://www.econbiz.de/10012917267
This paper examines income inequality as the market equilibrium from occupational choice of individuals with … differential general skills, working as employees or as entrepreneurs, with or without employees. Income inequality in the … the supervision function of entrepreneurs, and on the ownership distribution of capital as a production resource input …
Persistent link: https://www.econbiz.de/10012997684
Based on a multilevel analysis of nearly 120,000 observations across 31 countries between 2001 and 2008, we provide novel insights into the moderating effects that economic inequality may have on the distinct roles that human and financial capital play on different types of entrepreneurship. As...
Persistent link: https://www.econbiz.de/10013025560
We show how decentralized individual investments can efficiently allocate capital to innovating firms via equity crowdfunding. We develop a model where consumers have privately known consumption preferences and may act as investors. Consumers identify worthwhile investments based on their own...
Persistent link: https://www.econbiz.de/10012935060
or income inequality is ambiguous. Do reallocations with more flows tend to produce higher productivity growth? Does such … a link appear at the expense of higher income inequality? We explore the rich evidence from earlier studies on worker … and income inequality. We apply the tools typical for a meta-analysis to verify the empirical regularities between labor …
Persistent link: https://www.econbiz.de/10012982122
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....
Persistent link: https://www.econbiz.de/10013321399
in the distribution of labor income that arises from the market equilibrium from occupational choices. In general, more … skilled individuals earn higher labor income in the equilibrium, and the relationship between skills and income is … proportional in the occupational group of employees, but labor income increases more than proportionately with skills in the groups …
Persistent link: https://www.econbiz.de/10012909065