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Intergenerational Mobility and Macroeconomic History Dependence

Mokherjee, Dilip; Napel, Stefan - Turun Kauppakorkeakoulu, Turun Yliopisto - 2006

That historical inequality can affect long run macroeconomic performance has been argued by a large literature on … ‘endogenous inequality’ using models of indivisibilities in occupational choice, in the presence of borrowing constraints. These …

Persistent link: https://www.econbiz.de/10005537235

Intergenerational talent transmission, inequality, and social mobility

Napel, Stefan; Schneider, Andrea - 2006

state inequality and macroeconomic history-dependence are not affected. …

Persistent link: https://www.econbiz.de/10010263451

Intergenerational talent transmission, inequality, and social mobility

Napel, Stefan; Schneider, Andrea - Fächergruppe Volkswirtschaftslehre, Helmut Schmidt … - 2006

state inequality and macroeconomic history-dependence are not affected. …

Persistent link: https://www.econbiz.de/10005091336

Occupational Mobility and Wealth Evolution in a Simple Model of Educational Investment with Credit Market Imperfections

D'Amato, Marcello; Pietro, Christian Di - Centro Studi di Economia e Finanza (CSEF) - 2011

We consider a model of occupational choice with credit market imperfections and local non convexities in education investment. The implications of individual heterogeneity for the evolution of wealth distribution and policies are studied. Convergence of the wealth distribution is obtained...

Persistent link: https://www.econbiz.de/10009372785

The Evolution of Wealth Distribution in a Model of Educational Investment with Heterogenous Agents

D'AMATO, Marcello; DI PIETRO, Christian - Centro di Economia del Lavoro e di Politica Economica … - 2011

The implications of individual heterogeneity for the evolution of wealth distribution are studied in a standard model of occupational choice with financial market imperfections and local non convexities in education investment technology. We consider heterogeneity in the cost of educational...

Persistent link: https://www.econbiz.de/10009023968

Poverty, human capital, life-cycle and the tax and transfer bases: The role of education for development and international competition

Petersen, Hans-Georg - 2011

The paper is based on an individual life-cycle model, which describes the purely economic components of human capital. The present value of human capital is determined by all future income flows, which at the same time constitute the individual as well as the total tax base of a nation....

Persistent link: https://www.econbiz.de/10010282647