Replication data for: Macro-perspective on Asset Grants Programs: Occupational and Wealth Mobility
Principal Investigator(s): View help for Principal Investigator(s) Francisco J. Buera; Joseph P. Kaboski; Yongseok Shin
Version: View help for Version V1
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text/plain | 14.6 KB | 10/11/2019 06:09:PM |
Project Citation:
Buera, Francisco J., Kaboski, Joseph P., and Shin, Yongseok. Replication data for: Macro-perspective on Asset Grants Programs: Occupational and Wealth Mobility. Nashville, TN: American Economic Association [publisher], 2014. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112773V1
Project Description
Summary:
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We provide a simple quantitative general equilibrium model of occupational choice with credit market frictions to analyze the aggregate and distributional effects of asset transfer programs. Asset transfer programs have a positive but transient effect on aggregate productivity, and a negative impact on the aggregate capital stock. On net they have a negative but small effect on per capita income. The effects are very heterogeneous across treated individuals. We compare the results in our model to those from recent randomized control trials and historical natural experiments.
Scope of Project
JEL Classification:
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H23 Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
J24 Human Capital; Skills; Occupational Choice; Labor Productivity
J62 Job, Occupational, and Intergenerational Mobility; Promotion
H23 Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
J24 Human Capital; Skills; Occupational Choice; Labor Productivity
J62 Job, Occupational, and Intergenerational Mobility; Promotion
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