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Burgess, Simon M.; Gardiner, Karen; Jenkins, Stephen P.; … - London School of Economics and Political Science - 2000

importance of demographic factors as asource of income risk. We also propose new measures of the contribution tototal income risk …

Persistent link: https://www.econbiz.de/10008733210

Reopening the Convergence Debate: A New Look at Cross-Country GrowthEmpirics

Caselli, Francesco; Esquivel, Gerardo; Lefort, Fernando - London School of Economics and Political Science - 1996

There are two sources of inconsistency in existing cross-country empiricalwork on growth: correlated individual effects and endogenous explanatoryvariables. We estimate a variety of cross- country growth regressions usinga generalized method of moments estimator that eliminates both problems.In...

Persistent link: https://www.econbiz.de/10009305097

Preference Heterogeneity and Optimal Capital Taxation

Weinzierl, Matthew; Golosov, Michail Ju.; Tsyvinsky, Aleh - London School of Economics and Political Science - 2010

We analytically and quantitatively examine a prominent justification forcapital income taxation: goods preferred by … of income and consumption and find that, when ability ispositively related to a preference for a good, optimal marginal … commoditytaxes on this good may be regressive: i.e., declining with income. We derivean analytical expression for optimal commodity …

Persistent link: https://www.econbiz.de/10009305098

Preference Heterogeneity and Optimal CapitalIncome Taxation

Golosov, Michail Ju.; Tsyvinsky, Aleh; Weinzierl, Matthew - London School of Economics and Political Science - 2010

We analytically and quantitatively examine a prominent justication for capital income taxation: goodspreferred by … functions of income and consumption and nd that, when ability is positivelyrelated to a preference for a good, optimal marginal … commodity taxes on this good may be regressive: i.e.,declining with income. We derive an analytical expression for optimal …

Persistent link: https://www.econbiz.de/10009305100

Changes in earnings inequality and mobility in Great Britain 1978/9-2005/6

Dickens, Richard; McKnight, Abigail - 2008

This paper examines changes in earnings inequality and mobility between 1978/9 and 2005/6 using a unique dataset that includes both those with secure patterns of employment and a wider group who experience periods without earnings. It finds significant increases in annual earnings inequality for...

Persistent link: https://www.econbiz.de/10009305133

The Internationalization of the U.S. Labor Market and the Wage Structure

Borjas, George J. - Federal Reserve Bank <New York, NY> - 1995

). Practically every income group faced adecline in real wages during the 1980s. However, workersat the 33rd percentile experienced a …

Persistent link: https://www.econbiz.de/10005870358

What Are the Causes of Rising Wage Inequality in the United States?

Bound, John; Johnson, George - University of Michigan <Ann Arbor, Mich.> / Department … - 1995

[...]This paper is an interim report on continuingwork that we began in 1988. Our earlier research on thecauses of wage structure changes in the 1980s (Bound andJohnson 1992) showed that part of explanation A (theslowdown in the growth rate of that fraction of the workforce with high levels of...

Persistent link: https://www.econbiz.de/10005870359

The Future Path and Consequences of the U.S. Earnings/Education Gap

Levy, Frank - Massachusetts Institute of Technology <Cambridge, … - 1995

[...]I will describe the dilemma by first reviewing thecontext of stagnant wages and living standards. I will thensummarize some of the trends—political and demographic—that economic angst has accelerated. Finally, I will examine the future path of the education/earningsgap in the short run,...

Persistent link: https://www.econbiz.de/10005870362