In this paper a model of productivity dynamics of manufacturing industries is developed with key features being the absence of optimal decisions and equilibrium coordination, heterogeneity of industries with respect to their innovative ability and cumulativeness of innovations together with the...

We compare male and female upward labor income mobility in Germany and the United States using the GSOEP-PSID Cross-National Equivalent File. Our main interest is to test whether a glass ceiling exists for women. Conventional thinking about the glass ceiling highlights the belief that the...

We compare male and female upward labor income mobility in Germany and the United States using the GSOEP-PSID Cross National Equivalent File. Our main interest is to test whether a glass ceiling exists for women. The standard glass ceiling hypothesis highlights the belief that the playing field...

This Paper studies growth and inequality in China and India – two economies that account for a third of the world’s population. By modelling growth and inequality as components in a joint stochastic process, the Paper calibrates the impact each has no different welfare indicators and on the...

We examine the upward labor income mobility of men and women in Germany using the GSOEP Cross National Equivalent File. Women have greater overall income mobility. However, utilizing a measure of upward income mobility and calculating the posterior probability that men’s upward income mobility...

We examine the upward labor income mobility of men and women in Germany using the GSOEP Cross National Equivalent File. Women have greater overall income mobility. However, utilizing a measure of upward income mobility and calculating the posterior probability that men's upward income mobility...