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Inequality-Globalization nexus. It is shown that by modifying this model and relaxing some of its most restrictive assumptions … suitable modelling of the Inequality-Globalization nexus. …
Persistent link: https://www.econbiz.de/10010592827
This paper is concerned with the question of whether top income earners are permanently there or only temporarily receive the highest incomes. How much mobility is there at the top of the income distribution, and how has mobility changed over time? The paper makes both a methodological and an...
Persistent link: https://www.econbiz.de/10010817193
This paper is concerned with the question of whether top income earners are permanently there or only temporarily receive the highest incomes. How much mobility is there at the top of the income distribution, and how has mobility changed over time? The paper makes both a methodological and an...
Persistent link: https://www.econbiz.de/10011156459
Since the 1980s, the labour demand has shifted toward more educated workers in the US. The most common explanation is that the productivity of skilled workers has risen relative to the unskilled, but it is not easy to explain why the aggregate labour productivity was stagnant during the 1980s....
Persistent link: https://www.econbiz.de/10011111499
economies, which has coincided with an increase in intra-country income inequality, both within and between skill groups. This … article surveys the key mechanisms of the globalization-inequality relationship. Four strands of literature are reviewed … generate most of the observed facts on trade and inter-skill group inequality, but also between unequally talented workers …
Persistent link: https://www.econbiz.de/10011163078
for global inequality. We develop and parameterize a two-sector, two-class, world economy model that endogenizes education … experiments reveal that the geography of skills matters for global inequality. Low access to education and sectoral misallocation … in the world distribution of skills, slow-growing urbanization in developing countries and a rebound in income inequality …
Persistent link: https://www.econbiz.de/10011931769
concentration and wage inequality. Using a calibrated agent-based macroeconomic framework, the Eurace@Unibi model, we consider … inequality has an inverted U-shape with a large fraction of workers profiting in the very long run from high wages offered by …
Persistent link: https://www.econbiz.de/10014565940
We analyze inequality and mobility across generations in a dynastic economy. Nurture, in terms of bequests and the … nature affect mobility and the transmission of income inequality across generations, thus complementing the vast empirical …
Persistent link: https://www.econbiz.de/10012179898
fear of job loss and further rises in inequality. This paper discusses the rationale for these fears, highlighting the … in inequality need to be addressed if the benefits from AI-based technological progress are to be broadly shared. For …
Persistent link: https://www.econbiz.de/10012290403
The aim of this paper is to identify the scope and patterns of the structural transformation as evidenced by changes in occupations and their task content, and their impact on employment, earnings and income distribution in Argentina during the new millennium. Results show that the changes in...
Persistent link: https://www.econbiz.de/10012424179