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Towards a Theory of Self-Segregation as a Response to Relative Deprivation : Steady-State Outcomes and Social Welfare

Stark, Oded - 2018

We model group formation as a response to relative deprivation. We employ two measures of relative deprivation. We show that in the case of each of these measures the process of deprivation-induced self-selection into groups reaches a steady state, and that the steady-state distribution differs...

Persistent link: https://www.econbiz.de/10012911260

Status Aspirations, Wealth Inequality, and Economic Growth

Stark, Oded - 2018

This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters the accumulation of wealth. It proposes a measure for an individual's want of social status. For a given level of a population's wealth, the corresponding aggregate measure of...

Persistent link: https://www.econbiz.de/10012911262

Policy Repercussions of 'The New Economics of the Brain Drain'

Stark, Oded - 2010

In this paper I delineate novel policy repercussions suggested by my research on “The New Economics of the Brain Drain.” In section 1, I provide a succinct account of the model that inspires the derivation of several new policy implications. In sections 2 through 5, I present the policy...

Persistent link: https://www.econbiz.de/10014188143

On The Optimal Size of A Joint Savings Association

Stark, Oded; Budzinski, Wiktor; Jakubek, Marcin; … - 2022

We develop a formula for the optimal size of a joint savings association between individuals who share the same financial goal and who can save towards that goal at the same rate. Our motivating example and the core of our analysis is a Rotating Savings and Credit Association (ROSCA). We measure...

Persistent link: https://www.econbiz.de/10013406012

The demand for gratitude as a restraint on the use of child labor : A hypothesis

Stark, Oded; Budzinski, Wiktor - 2022

We study a parent’s demand for gratitude from his child. We view this demand as an intervening variable between the parent’s earnings and the incidence of child labor. The demand for gratitude arises from the desire of a parent to receive care and support from his child late in life, while...

Persistent link: https://www.econbiz.de/10013308965

A Social-Psychological Reconstruction of Amartya Sen’s Measures of Inequality and Social Welfare

Stark, Oded; Budzinski, Wiktor - 2021

The Gini coefficient features prominently in Amartya Sen’s 1973 and 1997 seminal work on income inequality and social welfare. We construct the Gini coefficient from social-psychological building blocks, reformulating it as a ratio between a measure of social stress and aggregate income. We...

Persistent link: https://www.econbiz.de/10013212497

Employer sanctions : A policy with a pitfall?

Stark, Oded; Jakubek, Marcin - 2021

native laborers. In response to such sanctions, managers in a firm may be reassigned from the supervision of production to …. It is shown that when the sanctions are steep enough, a profit-maximizing firm will assign managers to verification … fraction of reassigned managers. If this efficiency is not high enough, the sanctions bring in their wake consequences that fly …

Persistent link: https://www.econbiz.de/10013213802

The Prospect of Migration, Sticky Wages, and 'Educated Unemployment'

Stark, Oded - 2011

An increase in the probability of work abroad, where the returns to schooling are higher than at home, induces more individuals in a developing country to acquire education, which leads to an increase in the supply of educated workers in the domestic labor market. Where there is a sticky...

Persistent link: https://www.econbiz.de/10013131628

On the Economics of Refugee Flows

Stark, Oded - 2004

Although the phenomenon of refugee flows is not devoid of economic connotations, it has so far been investigated primarily by political scientists and sociologists. The analytical tools of economic inquiry have not yet been applied to this subject, although it stands to reason that such a study...

Persistent link: https://www.econbiz.de/10010265907

On the demand for grandchildren : tied transfers and the demonstration effect

Cox, Donald; Stark, Oded - 2004

It is argued that parents provide help with housing downpayments in order to encourage the production of grandchildren, and that such a subsidization emanates from the ?demonstration effect:? a child?s propensity to furnish parents with attention and care can be conditioned by parental example....

Persistent link: https://www.econbiz.de/10010265911