Showing 1 - 10 of 48
Using longitudinal data based on administrative registers for the population of Danish men we develop a model which accounts for the joint earnings dynamics of siblings and youth community peers. We are the first to decompose the sibling correlation of permanent earnings into family and...
Persistent link: https://www.econbiz.de/10011752512
The paper paper estimates long run social mobility in Australia 1870-2017 tracking the status of rare surnames. The status information includes occupations from electoral rolls, and records of degrees awarded by Melbourne and Sydney universities. Status persistence was strong throughout, with an...
Persistent link: https://www.econbiz.de/10011721622
gravity (non-gravity trade) and the distribution of income within countries. In countries where only a small share of the … population are educated, an increase in non-gravity trade is associated with a significant increase in income inequality. As … education of the population increases the correlation between non-gravity trade and income inequality becomes smaller. Non …
Persistent link: https://www.econbiz.de/10012231516
We study the dynamics of the quantity and quality of teachers in the framework of dynamic general equilibrium OLG model. The quantity and quality are jointly set by a government agency wishing to maximize the quality of basic education per student while being bound by teachers’ collective...
Persistent link: https://www.econbiz.de/10003806054
This paper examines the allocative implications of progressive income taxation when individuals care about their … relative income. It shows that tax progressivity might improve efficiency, and the more so in egalitarian economies …. Introducing a progressive income tax can yield a Pareto improvement if pre-tax income is evenly distributed. Implementing …
Persistent link: https://www.econbiz.de/10009781645
This paper focuses on two equity dimensions of climate policy, intra- and intergenerational equity, and analyzes the implications of equity preferences on climate policy, and on the production and consumption patterns in rich and poor countries. We develop a dynamic two-region model, in which...
Persistent link: https://www.econbiz.de/10009754514
income-based measure of status or applying conventional inequalitymeasurement tools to a health variable that is non …
Persistent link: https://www.econbiz.de/10011547679
A large body of evidence suggests that social comparisons matter for workers' valuation of the wage they receive. The consequences of social comparisons in imperfectly competitive labor markets are less well understood. We analyze an oligopsonistic model of the labor market where workers derive...
Persistent link: https://www.econbiz.de/10011665750
This paper is the first attempt towards directly testing the existence of status seeking behavior of the poor for a developing economy, India, with the help of a large dataset. The paper empirically validates status consciousness among the relatively poor for both rural and urban areas across...
Persistent link: https://www.econbiz.de/10011898668
Much of the theoretical literature on inequality assumes that the equalisand is a cardinal variable like income or …
Persistent link: https://www.econbiz.de/10010199448