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For better or for worse? : state-level marital formation and risk sharing

Chami, Ralph; Hess, Gregory D. - 2002

marriage as well as for a precautionary savings motive. …

Persistent link: https://www.econbiz.de/10011409730

Asymmetric information renders minimum wages less harmful

Schöb, Ronnie; Thum, Marcel - 2009

We show that a minimum wage introduced in the presence of asymmetric information about worker productivities will lead to lower unemployment levels than predicted by the standard labour market model with heterogeneous labour and symmetric information. -- minimum wages ; unemployment ; asymmetric...

Persistent link: https://www.econbiz.de/10003833327

Marriage and consumption insurance : what s love got to do with it?

Hess, Gregory D. - 2001

This paper explores the role of marriage when markets are incomplete so that individuals cannot diversify their … love. Is love more important to a lasting marriage than economic compatibility? To answer this question, I develop a simple … model where rational individuals meet, enjoy the economic and non-pecuniary benefits of marriage (i.e. love), and then must …

Persistent link: https://www.econbiz.de/10011399259

Human capital, social mobility and the skill premium

Angelopulos, Kōnstantinos; Malley, James R.; … - 2013

This paper develops a dynamic general equilibrium model to highlight the role of human capital accumulation of agents differentiated by skill type in the joint determination of social mobility and the skill premium. We first show that our model captures the empirical co-movement of the skill...

Persistent link: https://www.econbiz.de/10009792199

Collective choice and individual action : education policy and social mobility in England

Jennings, Colin C. - 2015

It is recognised that expressive preferences may play a major role in determining voting decisions because the low probability of being decisive in elections undermines standard instrumental reasoning. Expressive and instrumental preferences may deviate and in electoral settings it is more...

Persistent link: https://www.econbiz.de/10010471851

Immobile Australia : surnames show strong status persistence, 1870-2017

Clark, Gregory; Leigh, Andrew; Pottenger, Mike - 2017

The paper paper estimates long run social mobility in Australia 1870-2017 tracking the status of rare surnames. The status information includes occupations from electoral rolls, and records of degrees awarded by Melbourne and Sydney universities. Status persistence was strong throughout, with an...

Persistent link: https://www.econbiz.de/10011721622

Risk-aversion and social mobility : the impossibility of order-preserving income redistributions

Danziger, Leif; Ursprung, Heinrich W. - 2000

The traditional criticism notwithstanding, we show that social mobility can, in principle, explain political income redistributions. Nonetheless, the social-mobility argument for redistribution is not satisfactory, as actual transition probabilities are not consistent with order-preserving...

Persistent link: https://www.econbiz.de/10009781598

(In-)equality of opportunity, fairness, and distributional preferences

Fehr, Dietmar; Müller, Daniel; Preuß, Marcel - 2022

This paper examines how perceived importance of family background affect distributional pref-erences using two large-scale survey experiments. In the first experiment, we randomly inform respondents about the relationship between parental income and economic success later in life, which renders...

Persistent link: https://www.econbiz.de/10013411680

The effects on inequality and mobility of exposure to Soviet Communism in Eastern Europe

Costa-Font, Joan; Nicińska, Anna; Roig, Melcior Rossello - 2025 - This Version: June 2025

We compare inequality and social mobility trends in Eastern European countries exposed to Soviet Communist (SC) regimes with those not exposed, using similar welfare measures. We draw upon a rich retrospective dataset that collects relevant welfare measures across regimes including information...

Persistent link: https://www.econbiz.de/10015407815

Inequality, social mobility and convergence : patterns across the Indian states

Bhusana Dash, Bharatee; Winer, Stanley L. - 2025 - This draft, 7-6-25

Inequality and social mobility in India are longstanding social issues. We document patterns of absolute inequality, relative inequality and social mobility for India as a whole as well as for Indian states grouped by level of development. The analysis uses easy to understand indexes constructed...

Persistent link: https://www.econbiz.de/10015434395