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This course will focus on the environment of firms with particular emphasis on economic variables such as GNP, inflation, interest rates, exchange rates and international trade. The course is divided into five parts: The first presents the basic tools of macroeconomic management by focusing on...
Persistent link: https://www.econbiz.de/10009433297
In the first chapter, I examine an incomplete markets economy in a politico-economic general equilibrium setting in which the median voter chooses the inflation rate. I use an environment where individuals face an uninsurable idiosyncratic labor productivity shock, and money is the only asset....
Persistent link: https://www.econbiz.de/10009429391
In this study I explore the distribution of promotion opportunities between jobs in a general sample of Australian organizations. Most empirical studies of promotion have focused on a single firm, a single occupation, or used an individual level analysis. Past studies often examine which types...
Persistent link: https://www.econbiz.de/10009431332
This paper proposes a simple variation of the Allingham and Sandmo (1972) construct and integrates it to a dynamic general equilibrium framework with heterogeneous agents. We study an overlapping generations framework i n which agents must initially decide whether to evade taxes or not. In the...
Persistent link: https://www.econbiz.de/10009438089
complete adoption of more productive technologies. The issue of increasing income inequality in the process of technology … adoption opens up another direction for research. Specifically increasing inequality implies that distributive conflicts may … issues. Without any political considerations, taxes would leads to a reduction in inequality and convergence of incomes …
Persistent link: https://www.econbiz.de/10009438393
heterogeneity and permanent shocks to skills. I find that a large fraction of life-cycle income inequality is driven by match … dynamics and investigate if recent increases in residual inequality are caused by an increase of the variances of permanent …, persistent or transitory shocks. My results suggest that underlying sources of increasing wage inequality are very different …
Persistent link: https://www.econbiz.de/10009455205
This thesis consists of three empirical chapters related to distributional outcomes, such as poverty and inequality, in … evolution of income inequality in Vietnam between 1993 and 2006. We construct consistent estimates of annual household income … reduction in inequality between 1993 and 2002 and an unchanged level of inequality between 2002 and 2006. We find that strong …
Persistent link: https://www.econbiz.de/10009455242
2001, hereby controlling for cohort effects. Wage inequality has risen sharply during the 1980’s and early 1990’s and … transitory wage inequality and only to a lesser extent to an increase in permanent wage inequality. The transitory component of ….65 over a ten-year period. The constant wage inequality in the second half of the 1990’s is attributed to a slight decrease in …
Persistent link: https://www.econbiz.de/10009460033
This paper focuses on the decomposition of observed increases in UK wage inequality since 1979 into the component … causes of increased inequality is substantially altered relative to a long-run factors mobile world. …
Persistent link: https://www.econbiz.de/10009461192
In this thesis we explore the relationship between changes in labor income inequality and movements in labor taxes over … increase in inequality could imply either higher or lower labor taxes, depending on the sign and level of the correlation … between inequality and aggregate labor. We also numerically calculate a calibrated version of the model and we compare the …
Persistent link: https://www.econbiz.de/10009462770