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We study the interactions and dynamics of human capital, growth and inequality by explicitly embedding networks into a … differences across households and leads to long run equality, while below the threshold, inequality is high and persists more …
Persistent link: https://www.econbiz.de/10011201356
This paper explores the implications of the ongoing reorganization of firms for inequality in the labour market. We …, creating demands for new combinations of skills, and thereby leading to new patterns of wage inequality. Specifically, our …
Persistent link: https://www.econbiz.de/10005789077
Mobility of workers involves flows of labour, human capital and other production factors and thus contributes to a more efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also change the international and national...
Persistent link: https://www.econbiz.de/10005791628
If redistribution is distortionary, and if the income of skilled workers is due to knowledge-intensive activities and depends positively on intellectual property, a social planner which cares about income distribution may in principle want to use a reduction in Intellectual Property Rights...
Persistent link: https://www.econbiz.de/10005791837
neighborhoods, schools and households (spouses), can have important consequences for the acquisition of human capital and inequality …
Persistent link: https://www.econbiz.de/10005123607
polygyny (multiple wives). Wealth inequality naturally produces multiple wives for rich men in a standard model of the marriage … market where polygyny is not ruled out. Our model demonstrates, however, that while higher male inequality generates more … polygyny, higher female inequality produces a more monogamous equilibrium. Moreover, we derive how female inequality in the …
Persistent link: https://www.econbiz.de/10005123932
importance of initial parental conditions (i.e. the driving force behind the persistence of inequality) enhances mobility and … inequality becomes more persistent. The reduction in the concentration of human capital in technologically-advanced sectors …
Persistent link: https://www.econbiz.de/10005124238
possible implications of this key fact by surveying and adapting literature on growth and inequality. I focus especially on the …
Persistent link: https://www.econbiz.de/10005136494
This paper studies the impact of income inequality on fiscal conservatism when an increase in inequality affects the …, inequality will then be associated with less, rather than more, redistributive taxation. Furthermore, if the poor are liquidity … constrained then the positive association between inequality and fiscal conservatism will increase the persistence in the dynamics …
Persistent link: https://www.econbiz.de/10005136638
excessive flexibility, resulting in suboptimal growth or even self-sustaining technology-inequality traps. Fourth, I examine how … configurations of technology, inequality and redistributive policy are feasible in the long run, when all three are endogenous. I … show in particular how the diffusion of technology leads to the ‘exporting’ of inequality across borders; and how this, in …
Persistent link: https://www.econbiz.de/10005661547