Showing 11 - 20 of 14,793
In this paper we analyse a growth model where agents have different factors' endowments and form coalitions to produce output. Economic growth is the result of accumulation of human capital. The latter is a by-product of production activity within a coalition. The grand coalition corresponds to...
Persistent link: https://www.econbiz.de/10005636473
Domiciliary public utility services in Colombia have a cross subsidy system which charges subsidized rates to the households who live in houses located in strata associated to low wealth levels, and taxed rates to the better off. We assesses the hypothesis that the flow of subsidies that...
Persistent link: https://www.econbiz.de/10009021297
Domiciliary public utility services in Colombia have a cross subsidy system which charges subsidized rates to the households who live in houses located in strata associated to low wealth levels, and taxed rates to the better off. We assesses the hypothesis that the flow of subsidies that...
Persistent link: https://www.econbiz.de/10005274526
Domiciliary public utility services in Colombia have a cross subsidy system which charges subsidized rates to the households who live in houses located in strata associated to low wealth levels, and taxed rates to the better off. We assesses the hypothesis that the flow of subsidies that...
Persistent link: https://www.econbiz.de/10005466447
This paper delivers new insights into the development of income inequality and regional stratification in Germany after … unification using a new method for detecting social stratification by a decomposition of the GINI index which yields the …
Persistent link: https://www.econbiz.de/10005566448
stratification. Imperfect capital markets are not necessary, but will compound these other sources. Second, stratification makes … to reduce stratification, it may improve educational achievement in poor communities much less than it lowers it in … policy to improve both equity and efficiency. Fifth, because of the cumulative nature of the stratification process, it is …
Persistent link: https://www.econbiz.de/10005661649
The long-run U-shaped patterns of economic inequality are standardly explained by basic economic trends (Piketty’s rg), taxation policies, or “great levelers,” like catastrophes. This paper argues that housing policy, in particular rent control, is a neglected explanatory factor in...
Persistent link: https://www.econbiz.de/10012426512
The large amount of equal division of bequests by parents who otherwise would have compensated the earning differences among their children is attributed to the cost associated with unequal bequests. This paper identifies a source of this cost and explains why equal bequests to children whose...
Persistent link: https://www.econbiz.de/10010291756
This paper investigates the effect of private pensions on the retirement wealth distribution. The model incorporates stochastic private pension coverage into a lifecycle model with stochastic earnings. The predictions of the calibrated model are compared to the distribution of retirement net...
Persistent link: https://www.econbiz.de/10010291899
This paper concerns the problem of inferring the effects of covariates on intergenerational income mobility, i.e. on the relationship between the incomes of parents and future earnings of their children. We focus on two different measures of mobility- (i) traditional transition probability of...
Persistent link: https://www.econbiz.de/10010292207