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concentration and wage inequality. Using a calibrated agent-based macroeconomic framework, the Eurace@Unibi model, we consider … inequality has an inverted U-shape with a large fraction of workers profiting in the very long run from high wages offered by …
Persistent link: https://www.econbiz.de/10013240383
concentration and wage inequality. Using a calibrated agent-based macroeconomic framework, the Eurace@Unibi model, we consider … inequality has an inverted U-shape with a large fraction of workers profiting in the very long run from high wages offered by …
Persistent link: https://www.econbiz.de/10014565940
concentration and wage inequality. Using a calibrated agent-based macroeconomic framework, the Eurace/Unibi model, we consider … the wage inequality has an inverted U-shape with a large fraction of workers profiting in the very long run from high …
Persistent link: https://www.econbiz.de/10014501678
What is the macroeconomic implications of inequality caused by technological progress? Using a standard over …
Persistent link: https://www.econbiz.de/10012893014
In this work we develop an agent-based model where hysteresis in major macroeconomic variables (e.g. GDP, productivity … entry, studying their hysteretic impacts. Indeed, hysteresis is ubiquitous. However, this is not due to market imperfections …
Persistent link: https://www.econbiz.de/10011610261
In this work we develop an agent-based model where hysteresis in major macroeconomic variables (e.g. GDP, productivity … entry, studying their hysteretic impacts. Indeed, hysteresis is ubiquitous. However, this is not due to market imperfections …
Persistent link: https://www.econbiz.de/10012113688
We evaluate a temporary public sector employment program targeted at individuals with weak labor market attachment, applying dynamic inverse probability weighting to account for dynamic selection. We show that the program is successful in increasing employment and reducing social assistance....
Persistent link: https://www.econbiz.de/10012879620
We analyze inequality and mobility across generations in a dynastic economy. Nurture, in terms of bequests and the … nature affect mobility and the transmission of income inequality across generations, thus complementing the vast empirical …
Persistent link: https://www.econbiz.de/10012166025
We study the determinants of lifetime earnings (LE) inequality in the United States, for which differences in lifetime …
Persistent link: https://www.econbiz.de/10012137632
This paper presents an agent-based model (ABM) of endogenous arrival of technological paradigms and new sectors entailing different patterns of labour creation and destruction, as well as of consumption dynamics. The model, building on the labour-augmented K+S ABM, addresses the long-term...
Persistent link: https://www.econbiz.de/10012520255