|
Based on your IP address, your paper is being delivered by:
|
 |
 |
 |
 |
 |
New York, USA
Processing request.
|
Illinois, USA
Processing request.
|
Brussels, Belgium
Processing request.
|
Seoul, Korea
Processing request.
|
California, USA
Processing request.
|
If you have any problems downloading this paper,
please click on another Download Location above, or
File name: nber. ; Size: 2774K
|
|
Sorting and Long-Run Inequality
Raquel Fernandez
New York University - Leonard N. Stern School of Business, Department of Economics; Centre for Economic Policy Research (CEPR); National Bureau of Economic Research (NBER)
Richard Rogerson
Arizona State University (ASU) - Economics Department; National Bureau of Economic Research (NBER)
January 2000
NBER Working Paper No. w7508
Abstract:
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.
Number of Pages in PDF File: 36
working papers series
Download This Paper
Date posted: May 5, 2000
Suggested CitationFernandez, Raquel and Rogerson, Richard, Sorting and Long-Run Inequality (January 2000). NBER Working Paper No. w7508. Available at SSRN: http://ssrn.com/abstract=218376
|
| Feedback to SSRN (Beta) |
|
|
|
|
|
|
