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Explaining intergenerational mobility : the role of fertility and family transfers
Daruich, Diego; Kozlowski, Julian - 2018
Poor families have more children and transfer less resources to them. This suggests that family decisions about fertility and transfers dampen intergenerational mobility. To evaluate the quantitative importance of this mechanism, we extend the standard heterogeneous agent life cycle model with...
Persistent link: https://www.econbiz.de/10011911515
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Increasing returns to education and the skills under-investment trap
Booth, Alison L. (contributor);  … - 2005
We model educational investment and labor supply in a competitive economy with home and market production. Heterogeneous workers are assumed to have different productivities both at home and in the workplace. We investigate the degree to which there is under-investment in human capital, and...
Persistent link: https://www.econbiz.de/10003011508
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Increasing Returns to Education and the Skills Under-Investment Trap
Booth, Alison L.; Coles, Melvyn G. - 2021
We model educational investment and labor supply in a competitive economy with home and market production. Heterogeneous workers are assumed to have different productivities both at home and in the workplace. We investigate the degree to which there is under-investment in human capital, and...
Persistent link: https://www.econbiz.de/10013318399
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Inequality and technological change
Macera, Manuel; Tsujiyama, Hitoshi - In: Quantitative economics : QE ; journal of the … 15 (2024) 2, pp. 427-451
We study how technological change affects between‐ and within‐education‐group inequality in the United States. We … develop a model with heterogeneous workers and firms in which the demand for skills is characterized by firms' recruiting … main driver of the increase in between‐ and within‐group inequality. Technological change in firm productivity, in the form …
Persistent link: https://www.econbiz.de/10015053136
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Anatomy of lifetime earnings inequality : heterogeneity in job ladder risk vs. human capital
Karahan, Fatih; Ozkan, Serdar; Song, Jae - 2019
We study the determinants of lifetime earnings (LE) inequality in the United States, for which differences in lifetime …
Persistent link: https://www.econbiz.de/10012137632
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Human capital, social mobility and the skill premium
Angelopoulos, Konstantinos; Malley, James R.; … - 2013
This paper develops a dynamic general equilibrium model to highlight the role of human capital accumulation of agents differentiated by skill type in the joint determination of social mobility and the skill premium. We first show that our model captures the empirical co-movement of the skill...
Persistent link: https://www.econbiz.de/10009792199
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The ins and outs of top income mobility
Aaberge, Rolf; Atkinson, Anthony B.; Modalsli, Jørgen … - 2013
This paper is concerned with the question of whether top income earners are permanently there or only temporarily receive the highest incomes. How much mobility is there at the top of the income distribution, and how has mobility changed over time? The paper makes both a methodological and an...
Persistent link: https://www.econbiz.de/10010211222
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Opportunity and inequality across generations
Koeniger, Winfried; Zanella, Carlo - 2022
We evaluate a temporary public sector employment program targeted at individuals with weak labor market attachment, applying dynamic inverse probability weighting to account for dynamic selection. We show that the program is successful in increasing employment and reducing social assistance....
Persistent link: https://www.econbiz.de/10012879620
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Egalitarianism under pressure : toward lower economic mobility in the knowledge economy?
Markussen, Simen; Røed, Knut - 2017
Based on complete population data, with the exact same definitions of family class background and economic outcomes for a large number of birth cohorts, we examine post‐war trends in intergenerational economic mobility in Norway. Despite only mild fluctuations in standard rank‐based summary...
Persistent link: https://www.econbiz.de/10011636666
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The dynamics of proits and wages : technology, of-shoring and demand
Bogliacino, Francesco; Guarascio, Dario; Cirillo, Valeria - 2016
understanding recent increases in inequality. The empirical analysis performed herein involves a panel of 38 manufacturing and …
Persistent link: https://www.econbiz.de/10011420638