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of recent immigration. Our model has two production sectors (manufacturing and services), two skill groups and two ethnic …, especially in the high skill segment. Our results show that recent immigration to Germany, including refugees, has a moderate … negative effect on the welfare of low skill workers in manufacturing (-0.6%), but all other worker groups are gaining from …
Persistent link: https://www.econbiz.de/10011541119
Although the importance of technological change for increasing prosperity is undisputed and economists typically deem it unlikely that labor-saving technology causes long-term employment losses, people's anxiety about automation and its distributive consequences can be an important shaper of...
Persistent link: https://www.econbiz.de/10012920181
An increasing proportion of people towards the bottom of the UK's income distribution are in a household where someone is in paid work. Working households comprised 37% of those below the official poverty line in 1994-95 and 58% in 2017-18. Much of that increase is due to trends that seem...
Persistent link: https://www.econbiz.de/10012027379
We argue that promoting education may be a means to reduceincome inequality. When workers of different skill levels …
Persistent link: https://www.econbiz.de/10011333262
This paper analyzes long run outcomes resulting from adopting a binding minimum wage in a neoclassical model with perfectly competitive labour markets and capital accumulation. The model distinguishes between workers of heterogeneous ability and capitalists who do all the saving, and it entails...
Persistent link: https://www.econbiz.de/10010428828
To many economists the public's support for the minimum wage (MW) institution is puzzling, since the MW is considered a “blunt instrument” for redistribution. To delve deeper in this issue we build models in which workers are heterogeneous in ability. In the first model, the government does...
Persistent link: https://www.econbiz.de/10012951678
We explain the public's support for the minimum wage (MW) institution despite economists' warnings that the MW is a "blunt instrument" for redistribution. To do so we build a model in which workers are heterogeneous in ability, and the government engages in redistribution through the public...
Persistent link: https://www.econbiz.de/10012229263
To many economists the public's support for the minimum wage (MW) institution is puzzling, since the MW is considered a "blunt instrument" for redistribution. To delve deeper in this issue we build models in which workers are heterogeneous in ability. In the first model, the government does not...
Persistent link: https://www.econbiz.de/10011666043
To many economists the public's support for the minimum wage (MW) institution is puzzling, since the MW is considered a "blunt instrument" for redistribution. To delve deeper in this issue we build models in which workers are heterogeneous in ability. In the first model, the government does not...
Persistent link: https://www.econbiz.de/10011669528
The paper uses a large household dataset -- the Russia Longitudinal Monitoring survey -- to measure inequality and poverty in Russia since the start of transition in 1992. What emerges is that inequality had already emerged by 1992 and has grown subsequently. By 1996 the Gini for Russia was...
Persistent link: https://www.econbiz.de/10014109490