Showing 1 - 10 of 194
We study the earnings structure and the equilibrium assignment of workers when they exert intra-firm spillovers on each other. We allow for arbitrary spillovers provided output depends on some aggregate index of workers' skill. Despite the possibility of increasing returns to skills, equilibrium...
Persistent link: https://www.econbiz.de/10005123995
stratification. Imperfect capital markets are not necessary, but will compound these other sources. Second, stratification makes … to reduce stratification, it may improve educational achievement in poor communities much less than it lowers it in … policy to improve both equity and efficiency. Fifth, because of the cumulative nature of the stratification process, it is …
Persistent link: https://www.econbiz.de/10005661649
The paper examines the appropriate domain of the Welfare State by exploring the areas in which free enterprise fails to provide adequate welfare state services. The paper outlines a simple coherent strategy for formulating government welfare state policy by identifying the relevant market...
Persistent link: https://www.econbiz.de/10005788942
explicitly into account the possible substitution between factors as well as their tax incidence. Our results suggest that the … consumption and/or capital investors. These results are robust to alternative hypotheses regarding the tax incidence parameters …
Persistent link: https://www.econbiz.de/10011083944
Many literatures investigate the causal impact of income on economic outcomes, for example in the context of intergenerational transmission or well-being and health. Some studies have proposed to use employer wage differentials and in particular industry affiliation as an instrument for income....
Persistent link: https://www.econbiz.de/10011083623
This paper provides a comprehensive survey of seven aspects of rising inequality that are usually discussed separately: changes in labor’s share of income; inequality at the bottom of the income distribution, including labor mobility; skill-biased technical change; inequality among high incomes;...
Persistent link: https://www.econbiz.de/10005123580
We study the recent evolution of top incomes in Switzerland, analyzing both social security data on labor incomes and tax data on total income. The results show that in the last 20 years, the share of top incomes has risen, and the top 0.01 percent’s share even doubled, putting Switzerland...
Persistent link: https://www.econbiz.de/10011083290
This paper documents the magnitude, pattern, and evolution of lifetime earnings inequality in Germany. Based on a large sample of earnings biographies from social security records, we show that the intra-generational distribution of lifetime earnings of male workers has a Gini coefficient around...
Persistent link: https://www.econbiz.de/10011084153
Disposable income inequality, as measured by the Gini coefficient and using Family Budget Survey data, increased very little, and by a similar amount, from 1989–93 in the Czech Republic and Slovakia. This surprising result is examined with an analysis of changes in the channels of...
Persistent link: https://www.econbiz.de/10005123731
We analyze the distribution and concentration of market incomes in Germany in the period 1992 to 2001 on the basis of an integrated data set of individual tax returns and the German Socio-Economic Panel. The unique feature of this integrated data set is that it encompasses the whole spectrum of...
Persistent link: https://www.econbiz.de/10005124248