according to the recent literature, the expansion of intra-industry trade increases the intra-industrial excess job reallocation. based on lovely and nelson (2002), this study examined the hypothesis that marginal intra-industry trade has a positive effect on the excess job reallocation in iranian industries. therefore, we have employed a panel technique for iranian manufacturing industries at ...

The paper tries to relate inequality, occupational choice and long run wealth. Defining the unskilled as poor, skilled group as middle class and entrepreneurs as rich the paper focusesstarting from a huge middle class relative to the rich along with a higher fraction of borrowing entrepreneurs within the rich group, an economy converges with a very low wealth level. In other words, one needs to...

This paper proposes a new method for estimating the intergenerational persistence of lifetime earnings from data that contain only short sections of individual earnings histories. The approach infers lifetime earnings persistence from the persistence of short earnings averages together with information about the stochastic process governing individual earnings. I …nd that lifetime earnings are ...

This study estimates the intergenerational mobility of economic status in Japan from the perspective of international comparison. The intergenerational elasticity of earnings and income of offspring with respect to parental income is estimated using microdata from the 1993—2004 rounds of the Japanese Panel Survey of Consumers. The result of instrumental variables estimation suggests intergenera...

This paper investigates the degree of intergenerational transmission of education over a sample of respondents in the National Longitudinal Survey of Youth 1979. Rather than employing instrumental variables procedures to estimate the causal e¤ect of parental education we identify it by exploiting the feature of the educational transmission mechanism that is responsible for its endogeneity. More...

We study the location-specific component in research productivity of economics and finance faculty who have ever been affiliated with the top 25 universities in the last three decades. We find that there was a positive effect of being affiliated with an elite university in the 1970s; this effect weakened in the 1980s and disappeared in the 1990s. We decompose this university fixed effect and fi...

The Relationship Between Economic Preferences and Psychological Personality Measures Although both economists and psychologists seek to identify determinants of heterogeneity in behavior, they use different concepts to capture them. In this review we first analyze the extent to which economic preferences and psychological concepts of personality – such as the Big Five and locus of control – are...

Intergenerational Mobility, Human Capital Transmission and the Earnings of Second-Generation Immigrants in Sweden We compare the intergenerational earnings mobility of immigrants with natives in Sweden. We find an overall convergence in average earnings between immigrants and natives. This convergence hides a divergence in average earnings between groups of immigrants with different ethnic orig...

Income Inequality, Equality of Opportunity, and Intergenerational Mobility Families, labor markets, and public policies all structure a child’s opportunities and determine the extent to which adult earnings are related to family background. Cross-country comparisons and the underlying trends suggest that these drivers will most likely lower the degree of intergenerational earnings mobility for ...

Intergenerational Income Persistency in Urban China Intergenerational income elasticities are estimated using samples for urban China (covering many cities) for the years 1995 and 2002 and compared with results from other studies. We find that the income relation between the pairs: sons and fathers, sons and mothers and daughters and mothers, are in 2002 all similar in magnitude. In contrast th...