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middle-wage routine jobs and the rise of both high- and low-income jobs. The latter measures the cross-generational link … between the income of parents and that of their children. To understand the implications of polarization on economic mobility … from low-income parents if replacement of routine labor is high, and educational polarization for younger generations. I …
Persistent link: https://www.econbiz.de/10013326554
analysing the trends in absolute and relative intergenerational labour income mobility for Germany and the US. High quality … labour income mobility are larger in Germany than in the US. This indicates that economic growth has been distributed more …
Persistent link: https://www.econbiz.de/10012231945
Persistent link: https://www.econbiz.de/10011339542
Persistent link: https://www.econbiz.de/10011299855
Social mobility is a key element of meritocratic societies. We analyze multigenerational social mobility with a hand-collected yearly Swiss dataset from 1550 to 2019. With our surname-based approach, we measure the Swiss society's overall permeability over more than 450 years. Furthermore, we...
Persistent link: https://www.econbiz.de/10013328046
Over the recent decades, wide-spread automation has led to a shift of the US labor force from occupations intensive in routine tasks into occupations intensive in manual and abstract tasks. I integrate routine-biased technological change into an incomplete markets model with occupation-specific...
Persistent link: https://www.econbiz.de/10013332250
It has been shown that a person's relative income - compared to a reference group - has a negative impact on self … relative income is low. In this paper we study this hypothesis by estimating the effect of relative income on job mobility … characteristics. Our findings suggest that workers compare their own income to that of their neighbors, and low relative income is …
Persistent link: https://www.econbiz.de/10011530541
Persistent link: https://www.econbiz.de/10011709126
We develop a general equilibrium model of earnings, income and wealth heterogeneity in continuous time. We extend … interest rates provide a mechanism to link earnings, income and wealth distributions. We use this connection to demonstrate …
Persistent link: https://www.econbiz.de/10012426925
income inequality are negatively correlated with relative regional social mobility. In the model, segregation is driven by …, whereas regional income inequality also depends on the magnitude of the productivity gap of low-skilled workers. A larger … productivity gap does not affect segregation, but causes higher income inequality and lower relative mobility in the respective …
Persistent link: https://www.econbiz.de/10011480842