Sorting And Long Run Inequality
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Sorting And Long Run Inequality
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Author : Raquel Fernandez (Ph.D.)
language : en
Publisher:
Release Date : 2000
Sorting And Long Run Inequality written by Raquel Fernandez (Ph.D.) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Equality categories.
Many social commentators have raised concerns over the possibility that increased sorting in a society can lead to greater inequality. To investigate this we construct a dynamic model of intergenerational education acquisition, fertility, and marital sorting and parameterize the steady state to match several basic empirical findings. Contrary to Kremer's (1997) finding of a basically insignificant effect of marital sorting on inequality, we find that increased marital sorting will significantly increase income inequality. Three factors are central to our findings: a negative correlation between fertility and education, a decreasing marginal effect of parental education on children's years of education, and wages that are sensitive to the relative supply of skilled workers.
How Much Does Sorting Increase Inequality
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Author : Michael Kremer
language : en
Publisher:
Release Date : 1996
How Much Does Sorting Increase Inequality written by Michael Kremer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Equality categories.
Social commentators from William Julius Wilson to Charles Murray have argued that increased sorting of people into internally homogeneous" neighborhoods,schools, and marriages is spurring long-run inequality. Cali- bration of a formal model suggests that these fears are misplaced. In order to increase the steady-state standard deviation of education by one percent, the correlation between neighbors' education would have to double, or the correlation between spouses' education would have to increase by one-third. In fact, both correlations have declined slightly over the past few decades. Sorting has somewhat more significant effects on intergenerational mobility than on inequality."
Sorting Education And Inequality
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Author : Raquel Fernández
language : en
Publisher:
Release Date : 2001
Sorting Education And Inequality written by Raquel Fernández and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Community schools categories.
This paper examines the education literature through the lens of sorting. It argues that how individuals sort across neighborhoods, schools and households (spouses), can have important consequences for the acquisition of human capital and inequality. It discusses the implications of different education finance systems for sorting and analyzes the efficiency and welfare properties of these in static and dynamic frameworks.
Distribution Of Income And Wealth Among Individuals
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Author : Guillermo Calvo
language : es
Publisher:
Release Date : 1971
Distribution Of Income And Wealth Among Individuals written by Guillermo Calvo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1971 with categories.
The Long Run Determinants Of Inequality
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Author : Jesper Roine
language : en
Publisher:
Release Date : 2009
The Long Run Determinants Of Inequality written by Jesper Roine and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
This paper studies determinants of income inequality using a newly assembled panel of 16 countries over the entire twentieth century. We focus on three groups of income earners: The rich (P99-100), the upper middle class (P90-99), and the rest of the population (P0-90). The results show that periods of high economic growth disproportionately increases the top percentile income share at the expense of the rest of the top decile. Financial development is also pro-rich and the outbreak of banking crises is associated with reduced income shares of the rich. Trade openness has no clear distributional impact (if anything openness reduces top shares). Government spending, however, is negative for the upper middle class and positive for the nine lowest deciles but does not seem to affect the rich. Finally, tax progressivity reduces top income shares and when accounting for real dynamic effects the impact can be important over time.
Sorting Education And Inequality
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Author : Raquel Fernández (Econoom.)
language : en
Publisher:
Release Date : 2001
Sorting Education And Inequality written by Raquel Fernández (Econoom.) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.
Education And Inequality
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Author : Raquel Fernández
language : en
Publisher:
Release Date : 2001
Education And Inequality written by Raquel Fernández and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Education categories.
Essays On Sorting And Inequality
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Author : Lisa Verena Windsteiger
language : en
Publisher:
Release Date : 2017
Essays On Sorting And Inequality written by Lisa Verena Windsteiger and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
The Price Of Inequality
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Author : Joseph E. Stiglitz
language : en
Publisher: W. W. Norton & Company
Release Date : 2013-04-08
The Price Of Inequality written by Joseph E. Stiglitz and has been published by W. W. Norton & Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-08 with Business & Economics categories.
America currently has the most inequality, and the least equality of opportunity, among the advanced countries. While market forces play a role in this stark picture, politics has shaped those market forces. In this best-selling book, Nobel Prize winning economist Joseph E. Stiglitz exposes the efforts of well-heeled interests to compound their wealth in ways that have stifled true, dynamic capitalism. Along the way he examines the effect of inequality on our economy, our democracy, and our system of justice. Stiglitz explains how inequality affects and is affected by every aspect of national policy, and with characteristic insight he offers a vision for a more just and prosperous future, supported by a concrete program to achieve that vision."
The Origins Of Inequality
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Author : Per Molander
language : en
Publisher: Springer Nature
Release Date : 2022-03-07
The Origins Of Inequality written by Per Molander and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-03-07 with Political Science categories.
This book presents a unified approach to the problem of inequality, combining results from a variety of research fields – the human life cycle, group dynamics, networks, markets, and economic geography. Its main message is that inequality emerges as the natural result of mechanisms operating both in individual human development and in social interaction. It posits that inequality is not an anomalous deviation from a naturally egalitarian social structure; quite to the contrary, inequality is to be expected as part of the human condition. The author states that the growth of inequality, on the other hand, is not a natural law – the level and character of inequality can be affected by collective decisions. This perspective on human inequality has potentially far-reaching consequences both for the political philosophy of inequality and for public policy-making. This book is of interest to a wide interdisciplinary social science readership, including public policy, decision sciences, economic geography, and life course studies.