Calendrier du 12 septembre 2024
Travail et économie publique externe
Du 12/09/2024 de 12:30 à 13:30
PSE- 48 boulevard Jourdan, 74014 Paris, salle R1-09
LALIBERTE Jean-William (Calgary)
Parental Income in the Labor Market
Are children of high-income families more likely to work at better-paying firms, and if so, why? To answer these questions, we use Canadian administrative data to construct an employee-employer-parent-child matched dataset, which we link to detailed educational records. We find that, in an accounting sense, access to high-paying employers explains roughly half of the transmission of income across generations, as measured by the income rank-rank relationship. We then use these data to quantify the role of observable human capital (education) and social connections for firm sorting. Our analysis reveals that education plays a stronger role in the the sorting of high-income children to high-paying employers than social connections. We further provide suggestive evidence that some children of high-income families receive preferential treatment when they work at firms their parents own, but the quantitative importance of this phenomenon for overall intergenerational income mobility remains limited.
Behavior seminar
Du 12/09/2024 de 11:00 à 12:00
R2-21
OOGHE Erwin (KU Leuven, Belgium)
Fairness gaps for earnings tax design
In a setting with skill and preference heterogeneity, we characterize a family of social welfare measures that aggregate fairness gaps, defined as the difference between the money-metric utilities that individuals have and the money-metric utilities they should have in a fair society. Each welfare measure can be decomposed into government revenues (size), excess burden (inefficiency), and unfair inequality (inequity). As a proof of concept, we evaluate four hypothetical earnings tax reforms based on two normative parameters: the degree of unfairness aversion and the degree of compensation for productive skills.