Showing 1 - 10 of 24
Intangible capital is an important factor of production in modern economies that is generally neglected in business cycle analyses. We demonstrate that intangible capital can have a substantial impact on business cycle dynamics, especially if the intangible is complementary with production...
Persistent link: https://www.econbiz.de/10010742258
"Solon's (1992) landmark study estimated the intergenerational elasticity (IGE) in income between fathers and sons to …
Persistent link: https://www.econbiz.de/10001920632
"We use non-parametric, reduced form and structural techniques to distin-guish the micro-economic foundations of two models of growth with increasing inequality using new data from rural and semi-urban households in Thailand. We estimate a limited commitment model that is similar to Evans and...
Persistent link: https://www.econbiz.de/10001914192
Persistent link: https://www.econbiz.de/10001761436
This paper uses the National Longitudinal Surveys (NLS), the Panel Study of Income Dynamics (PSID), and the General … Social Survey (GSS) to measure the elasticity of family income on men’s adult earnings in 1980 and the early 1990s. The study … finds a large and statistically significant increase in the importance of family income over time when comparing cohorts in …
Persistent link: https://www.econbiz.de/10005419875
This paper tests whether state school finance reform alters neighborhood income homogeneity. One implication of the … that school finance has a significant effect on school district income sorting, especially among low income communities. …
Persistent link: https://www.econbiz.de/10005419876
income. More years in the U.S., higher education attainment and English language fluency remain strong predictors of …-born residents, or lower-income …
Persistent link: https://www.econbiz.de/10005419890
This paper concerns the problem of inferring the effects of covariates on intergenerational income mobility, i.e. on … of mobility- (i) traditional transition probability of movement across income quantiles over generations and (ii) a new …
Persistent link: https://www.econbiz.de/10005419980
Solon’s (1992) landmark study estimated the intergenerational elasticity (IGE) in income between fathers and sons to be …
Persistent link: https://www.econbiz.de/10005419991
intergenerational income correlation, a measure insensitive to changes in cross-sectional inequality that has implications for rank …, by 2000, the rate of intergenerational movement across the income distribution appears historically normal, but, as cross …
Persistent link: https://www.econbiz.de/10005419993