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Controversies about the Rise in American Inequality: A Survey

Dew-Becker, Ian; Gordon, Robert J - C.E.P.R. Discussion Papers - 2008

: changes in labor’s share of income; inequality at the bottom of the income distribution, including labor mobility; skill … in the income distribution, particularly at the top. We conclude that changes in labor’s share play no role in rising … inequality of labor income; by one measure labor’s income share was almost the same in 2007 as in 1950. Within the bottom 90 …

Persistent link: https://www.econbiz.de/10005123580

Self-Confidence & Social Interactions

Bénabou, Roland; Tirole, Jean - C.E.P.R. Discussion Papers - 2000

This paper studies the interactions between an individual's self-esteem and his social environment - in the workplace, at school, and in personal relationships. Because a person generally has only imperfect knowledge of his own abilities, people who derive benefits from his performance (parent,...

Persistent link: https://www.econbiz.de/10005656299

If You're so Smart, Why Aren't You Rich? Wage Inequality with Heterogenous Workers?

Booth, Alison L; Zoega, Gylfi - C.E.P.R. Discussion Papers - 2002

This Paper provides microfoundations for wage compression by modelling wage-setting in a world of heterogeneous workers and firms. Workers are differentiated by observable innate ability. A high-ability worker confers on a firm an externality, since their ability raises the average level of...

Persistent link: https://www.econbiz.de/10005504764

Returns to Apprenticeship Training in Austria: Evidence from Failed Firms

Fersterer, Josef; Pischke, Jörn-Steffen; Winter-Ebmer, … - C.E.P.R. Discussion Papers - 2007

Little is known about the payoffs to apprenticeship training in the German speaking countries for the participants. OLS estimates suggest that the returns are similar to those of other types of schooling. However, there is a lot of heterogeneity in the types of apprenticeships offered, and...

Persistent link: https://www.econbiz.de/10005789124

Why Do Firms Invest in General Training? 'Good' Firms and 'Bad' Firms as a Source of Monopsony Power

Booth, Alison L; Zoega, Gylfi - C.E.P.R. Discussion Papers - 2000

We develop a model demonstrating conditions under which firms will invest in the general training of their workers, and show that firms’ incentives to invest in general training are increasing in task complexity. Workers’ heterogeneous observable innate ability affects the variety of tasks...

Persistent link: https://www.econbiz.de/10005791505

Converting Unemployment Benefits into Employment Subsidies

Snower, Dennis J. - C.E.P.R. Discussion Papers - 1994

This paper explores the implications of giving unemployed people -- particularly the long-term unemployed -- the opportunity to use part of their unemployment benefits to provide employment vouchers to the firms that hire them. The vouchers would depend positively on unemployment duration and...

Persistent link: https://www.econbiz.de/10005791635

Demand for Education and Labour Market Outcomes: Lessons from the Abolition of Compulsory Conscription in France

Maurin, Eric; Xenogiani, Theodora - C.E.P.R. Discussion Papers - 2005

In this paper we examine the effects of the abolition of the compulsory conscription in France on the demand for education and labour market outcomes. The reform took place in 1997 and affected all men born after 1979. Before the reform, staying on in education was a way to defer the national...

Persistent link: https://www.econbiz.de/10005791749

Are Intellectual Property Rights Unfair?

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2003

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 …

Persistent link: https://www.econbiz.de/10005791837

The Economics of Human Cloning

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2001

a market for cloning arises if a large enough fraction of the clone's income can be appropriated by its model. Only … people with the highest ability are cloned, while people at the bottom of the distribution of income specialize in surrogacy …

Persistent link: https://www.econbiz.de/10005792154

Endogenous Growth, Human Capital, and Industry Wages

Winter-Ebmer, Rudolf - C.E.P.R. Discussion Papers - 1992

Lucas' 1988 model of the external effects of human capital formation is used as a starting point for an analysis of the impact of human capital on wages. Most empirical tests of new growth theory are based on time-series and cross-section data. This paper suggests a microeconometric approach to...

Persistent link: https://www.econbiz.de/10005497700