Similar Search Results

On the measurement of long-term income inequality and income mobility

Aaberge, Rolf; Mogstad, Magne - 2010

This paper proposes a two-step aggregation method for measuring long-term income inequality and income mobility, where mobility is defined as an equalizer of long-term income. The first step consists of aggregating the income stream of each individual into a measure of permanent income, which...

Persistent link: https://www.econbiz.de/10010269542

Robust inequality comparisons

Aaberge, Rolf; Mogstad, Magne - 2010

This paper is concerned with the problem of ranking Lorenz curves in situations where the Lorenz curves intersect and no unambiguous ranking can be attained without introducing weaker ranking criteria than first-degree Lorenz dominance. To deal with such situations Aaberge (2009) introduced two...

Persistent link: https://www.econbiz.de/10010269554

Outsourcing, public input provision and policy cooperation

Aronsson, Thomas; Koskela, Erkki - 2009

This paper concerns public input provision as an instrument for redistribution under international outsourcing by using a model-economy comprising two countries, North and South, where firms in the North may outsource part of their low-skilled labor intensive production to the South. We consider...

Persistent link: https://www.econbiz.de/10010269563

Setting the minimum wage

Boeri, Tito - 2009

The process leading to the setting of the minimum wage so far has been fairly overlooked by economists. This paper suggests that this is a serious limitation as the setting regime contributes to explain cross-country variation in the fine-tuning of the minimum wage, hence in the way in which the...

Persistent link: https://www.econbiz.de/10010269572

Sweatshop equilibrium

Chau, Nancy H. - 2009

This paper presents a capability-augmented model of on the job search, in which sweatshop conditions stifle the capability of the working poor to search for a job while on the job. The augmented setting unveils a sweatshop equilibrium in an otherwise archetypal Burdett-Mortensen economy, and...

Persistent link: https://www.econbiz.de/10010269588

Out of sight, out of mind: migration, entrepreneurship and social capital

Wahba, Jackline; Zenou, Yves - 2009

The aim of this paper is to investigate whether return migrants are more likely to become entrepreneurs than non-migrants. We develop a theoretical search model that puts forward the trade off faced by returnees since overseas migration provides an opportunity for human and physical capital...

Persistent link: https://www.econbiz.de/10010269590

Directed search in the housing market

Albrecht, James; Gautier, Pieter A.; Vroman, Susan - 2009

In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the way houses are bought and sold in the United States. Our model is consistent with the observation that houses are sometimes sold above, sometimes below and sometimes at the...

Persistent link: https://www.econbiz.de/10010269591

The design of unemployment transfers: evidence from a dynamic structural life-cycle model

Haan, Peter; Prowse, Victoria - 2010

induced by unemployment insurance. The model features a detailed specification of the tax and transfer system, including … unemployment insurance benefits which depend on an individual's employment and earnings history. The model also captures the … for unemployment insurance benefits which varied by age and experience. The results show that a policy cut in the …

Persistent link: https://www.econbiz.de/10010269596

Some evidence on the nature of urbanization economies

Krupka, Douglas J. - 2009

Urbanization economies - the effects on productivity and utility created endogenously by larger cities - are a fundamental component of both the economic geography of modern societies and the perpetuation of innovation and economic growth at a national level. Cities account for vast majorities...

Persistent link: https://www.econbiz.de/10010269597

Job search with bidder memories

Carrillo-Tudela, Carlos; Menzio, Guido; Smith, Eric - 2009

This paper revisits the no-recall assumption in job search models with take-it-or-leave-it offers. Workers who can recall previously encountered potential employers in order to engage them in Bertrand bidding have a distinct advantage over workers without such attachments. Firms account for this...

Persistent link: https://www.econbiz.de/10010269602