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In most industrial countries, while the calculation of pension bene…ts is progressive, public pension systems redistribute weakly from high to low- income earners. They are close to actuarial fairness. This statement results from the following speci…city: less paid jobs are also heavier and...
Persistent link: https://www.econbiz.de/10011003516
after adjusting for a number of potential biases. In addition, we find evidence on inequality in pre-Columbian times. Given … the low educational level and the high inequality reigning before the Spanish Conquest in the Andean region, we argue that …
Persistent link: https://www.econbiz.de/10011042813
workers enjoy a better distribution of wages, but the attribution of the gap to wage inequality and human capital …
Persistent link: https://www.econbiz.de/10011115666
We analyze the impact of globalization upon education and inequality in advanced countries (the North) and upon the …-optimal state. Its impacts on the skill endowment and inequality depend on the intensity of the globalization shock and on the … work and upon the following generations in terms of income and inequality. Finally, there is a threshold value of the skill …
Persistent link: https://www.econbiz.de/10011123959
inequality (+1.2 percentage points in the Theil inequality index). Much greater effects can be obtained if total factor …
Persistent link: https://www.econbiz.de/10011075063
of worker. Our analysis reveals that the effects of a liberalization on human capital accumulation, income and inequality … 20 percent in the short-run, and by more than 55 percent after 50 years. The world average index of inequality decreases … identifying assumptions. We also analyze partial liberalization shocks: effi ciency and inequality e¤ects are roughly proportional …
Persistent link: https://www.econbiz.de/10011075068
Public mass modern education was a major pillar of state-led development in the post-Colonial developing world. I examine the impact of Egypt’s transformation in 1953 of traditional elementary schools (kuttabs), which served the masses, into public modern primary schools on the...
Persistent link: https://www.econbiz.de/10011160745
We assess the consequences of substantially increasing the marginal tax rate on U.S. top earners using a human capital model. We nd that (1) the peak of the model Laer curve occurs at a 52 percent top tax rate, (2) if human capital were exogenous, then the top of the Laer curve would occur at a...
Persistent link: https://www.econbiz.de/10011161339
that the different social group sizes and the sociocultural differences suffice to generate earnings inequality between the … (combinations of) skills and the predicted patterns of income inequality comply with the scale puzzle under fairly general …
Persistent link: https://www.econbiz.de/10011090782
We study the evolution of educational attainment of the 1932–1972 cohorts using a calibrated model of investment in human capital with heterogeneous learning ability. The inter-cohort variation in schooling is driven by changes in skill prices, tuition, and education quality over time, and...
Persistent link: https://www.econbiz.de/10011186227