Showing 1 - 10 of 2,851
Different beliefs about how fair social competition is and what determines income inequality, influence the … income inequality and choices of redistributive policies …
Persistent link: https://www.econbiz.de/10012469200
happiness,' we find that there is a large, negative and significant effect of inequality on happiness in Europe but not in the … Europe inequality makes the poor unhappy, as well as the leftists. This favors the hypothesis that inequality affects … right). The results help explain the greater popular demand for government to fight inequality in Europe relative to the US …
Persistent link: https://www.econbiz.de/10012470526
Equality can multiply due to the complementarity between wage determination and welfare spending. A more equal wage distribution fuels welfare generosity via political competition. A more generous welfare state fuels wage equality further via its support to weak groups in the labor market....
Persistent link: https://www.econbiz.de/10012463573
education characteristic of the pre-reform era has given rise to substantial inequality in access to higher levels of education …
Persistent link: https://www.econbiz.de/10012460559
This chapter provides new evidence on educational inequality and reviews the literature on the causes and consequences … how patterns of educational inequality vary across countries, time, and generations, and establish a link between … educational inequality and social mobility. We interpret this evidence from the perspective of economic models of skill …
Persistent link: https://www.econbiz.de/10013191073
the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been … identified as a key reason for the rising US wage inequality, while labor market rigidities are often cited as a key reason for …
Persistent link: https://www.econbiz.de/10012473209
This essay discusses the effect of technical change on wage inequality. I argue that the behavior of wages and returns … increase in inequality is most likely due to an acceleration in skill bias. In contrast to twentieth century developments, most …
Persistent link: https://www.econbiz.de/10012470950
inequality from 1979 to 1988. We find also compelling visual and quantitative evidence that the decline in the real value of the … minimum wage explains a substantial proportion of this increase in wage inequality, particularly for women. We conclude that …
Persistent link: https://www.econbiz.de/10012473794
This paper investigates the importance of firm-to-firm production network linkages for earnings inequality. We develop … labor market and source intermediates from heterogeneous suppliers in a production network. The model delivers an earnings … heterogeneity in network linkages explains 21% of log earnings variance, while passthrough of productivity shocks via network …
Persistent link: https://www.econbiz.de/10012482640
creating a flat "head tax" per worker, independent of their earnings. This paper develops and calibrates a stylized model of … inequality. We consider a partial-equilibrium counterfactual in which employer-provided health insurance is instead financed by a … been 11 percent lower, non-college annual earnings would have been $1,700 (3 percent) higher, and non-college employment …
Persistent link: https://www.econbiz.de/10014248009