This paper proposes an explanation for the decrease in social mobility that has occurred in the last two decades in several advanced economies, as well as for the divergence in mobility dynamics across countries. Within an intergenerational framework, we show that a two-tier higher education...

In this short essay, we have summarized a new literature that analyzes the effects of the elite on economics, which is in the school of literature that departs from pure economics and goes on to analyze exogenous factors as psychology, political science and sociology. However, an entire economic...

The purpose of this paper is to provide a framework linking communist regime collapse and privatizing economic reforms. The framework permits us to explain why certain communist regimes lost their monopoly of political power while others have not. We show that the essential difference between...

This paper presents a new framework for analyzing automation, robotics, and hightech, which differs from the canonical model of technological progress by incorporating the higher education system. The main difference is that there is not just one type of skilled workers, but two types, and there...

This paper presents a behavioral model of regulators. In our model, the regulator creates red tape - bureaucratic rules and regulations that complicate procedures in an industry. As the enactor of these rules and regulations, the regulator has better knowledge of the ins-and-outs of the system...

This paper highlights a new driver of inequality, that may become increasingly prominent over the years: the inequality between skilled workers graduating from elite universities and those from standard institutions. This paper emphasizes that heterogeneity in higher education is a key factor in...

This paper highlights a new driver of inequality, that may become increasingly prominent over the years: the inequality between skilled workers graduating from elite universities and those from standard institutions. This paper emphasizes that heterogeneity in higher education is a key factor in...